Around 37 equity mutual funds attracted investors’ money in March. There were 728 funds including the SIF and equity funds. Here are the top five funds that received nearly Rs 100 crore inflows. (Source: ACE MF)
Parag Parikh Large Cap Fund, a new launch by PPFAS Mutual Fund, received the highest inflow of Rs 146.19 crore and had an AUM of Rs 551 crore in March compared to Rs 404 crore in February.
Axis Greater China Equity FoF, an international fund, received an inflow of Rs 138.36 crore on monthly basis taking the total AUM to Rs 3,049 crore in March compared to Rs 2,910 crore in February.
iSIF Equity Ex-Top 100 Long-Short Fund, a SIF product by ICICI Prudential Mutual Fund, received Rs 134.71 crore on monthly basis taking the total AUM to Rs 1,224 crore in March compared to Rs 1,089 crore in February.
Motilal Oswal Nasdaq 100 FOF, an international fund, received an inflow of Rs 105 crore on monthly basis taking the total AUM to Rs 5,987 crore in March compared to 5,881 crore in February.
HSBC Arbitrage Fund, an arbitrage fund, received an inflow of Rs 93.02 crore on monthly basis taking the total AUM to Rs 2,525 crore in March compared to 2,432 crore in February.