Despite a surge in COVID-19 cases, Equity oriented schemes saw net inflows of ₹ 3,437 crore in April as against ₹ 9,115 crore in March.
Sectoral and thematic funds saw the largest net inflow under the equity category.
ETFs and Fund of funds investing overseas were the flavour of the month.
Arbitrage funds were the biggest gainers among the Hybrid category of schemes.
High liquidity in the financial markets led to large inflows in liquid and overnight funds. Money market funds also saw good flows.
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