10
Jun
Equity mutual funds saw net inflows of over Rs 10,000 crore in May as investors overlooked the second Covid- 19 wave to focus on corporate earnings and better growth ahead. “This kind of consistent numbers look favourable for the mutual fund industry and for the economy as a whole as it highlights investor’s confidence and normalcy taking its hold back in the economy,’’ said Mohit Nigam, head, PMS- Hem Securities. Multi-cap funds saw the largest net inflow at Rs 1,954 crore. This was followed by a net inflow of Rs 1,368 crore in mid-cap funds, Rs 1,169 crore in focussed…