New thematic schemes keep net equity fund inflows firm in August
The buy-to-sell ratio of equity funds reached an 18-month high of 2.1 in August helped by the new fund offers (NFOs) from sector funds, according to data from the Association of Mutual Funds in India (AMFI). This compares with the long-term average ratio of 1.6. A ratio greater than two indicates that buying inflows are … Read more
