
Equity and debt mutual funds witness massive outflows in January
Equity and debt mutual funds registered heavy outflows in the month of January. While equity funds saw a drop in outflow numbers, there was a drastic outflow from debt mutual funds this time. Equity mutual funds saw net outflows worth Rs 9,253 crore, debt mutual funds saw investors pulling out Rs 33,408 crore in January. Hybrid fund categories finally saw inflows in January.The highest outflow of Rs 5,933 crore was seen from flexi cap funds. This might be attributed to the recent change in mandate and many schemes re-categorised in the space. This was followed by an outflow worth Rs 2,853.43 crore from large cap funds. Here’s a look at the data for January: Scheme Name Net inflow (+)/outflow(-) Multi Cap Fund 2,857.90 Large Cap Fund -2,853.43 Large & Mid Cap Fund -187.4...