Growth or Equity oriented Mutual Fund schemes witnessed a net inflow of Rs 28,463.49 cr in March according to a data released by the Association of Mutual Funds in India (AMFI). At Rs 9,694.56 cr, Multi Cap funds accounted for the lion share of inflows, this data said.

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It was followed by Large & Mid Cap Fund which contributed Rs 3,164.67. Net inflows for Large Cap Fund stood at Rs 3,052.24, this data said.

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The Net Asset Under Management (AUM) for 312 equity mutual funds stood at Rs 13,65,455.75 cr. The repurchases or redemptions stood at Rs 17,944.48 cr.

However, the Income or Debt Oriented Schemes witnessed a net outflow of Rs 1,14,823.77 cr during the March month. The worst performing categories was Liquid Fund where the net outflows amounted to –Rs 44,603.72 followed by Overnight Fund where the net outflows were Rs 12,852.10 cr. Corporate Fund Bond was the third worst performer in this segment with net outflows standing at Rs 11,967.24 cr.

The Net AUM for the month of March stood at Rs 12,98,961.06 cr while the repurchases or redemptions stood at Rs 10,07,124.53 cr, the AMFI release said.

Number of open ended schemes launched during this period were 23 while the number of new closed ended schemes stood at 8.

In the Multi Cap Fund category, SBI Multi Cap Fund was launched in March. ITI Conservative Hybrid Fund was also launched in the open ended MF category.