Net inflows into equity mutual funds declined further by 21.5% from a net inflow of Rs 8,414 cr in November 2018. Net inflows through balanced funds too, remained subdued at Rs 45 cr for December 2018.
CY18 was a year of modest returns and elevated volatility for the Indian markets, which was particularly noticeable in the last quarter. Sentiment was bleak with the markets stormed by adverse news flashes throughout the year.
Mutual funds have added a staggering Rs 1.24 lakh crore to their asset base in 2018 assisted by consistent increase in SIP flows and a robust participation of retail investors despite volatile markets.
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