Anticipating December to be worse than November, fund managers had been fearing higher redemptions. However, proving them wrong, investors chose to stay at a time when benchmark indices have lost four per cent of their values. With net inflows of Rs 360 crore, pure equity schemes gained, surprising fund managers. Interestingly, some of the executives Business Standard spoke to were sceptical of the statistics released by the Association of Mutual Funds in India (Amfi).
http://www.business-standard.com/india/news/equity-investors-stay-put-net-inflows-at-rs-360-cr/461641/
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