Amid election results outcome uncertainty, investors have been taking a cautious approach and in its wake, the already hit mutual industry after the debt crisis has been witness to staggering fall in inflows into the equity segment for the April month. The inflows fell by 60% to Rs 4,608 crore, its lowest since September 2016.
The main reasons attributed to the fall is election result uncertainty as well as the global trade imbalance situation.
Nonetheless, as a whole, the industry commanded a record Rs. 25.3 lakh crore assets under management in April as per the data released by AMFI.