Low equity MF redemptions in May could be a sign of rising investor confidence https://ift.tt/Oek9qmu MFs saw redemptions fall to ₹13,089 crore in May, the lowest in the past 25 months, showed data from the Association of Mutual Funds in India (AMFI). This pushed the gross buy-to-sell ratio of equity MFs to 2.42 times in May, compared with the long-term average of 1.48. It is the second-highest reading since data became available with the AMFI.
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