New Delhi, March 12 -- The latest data released by the Association of Mutual Funds in India (AMFI) has been dismal with regard to equity mutual funds. In February, inflows into equity mutual funds fell to Rs.29, 303 crore against Rs.39,687 crore in the preceding month.

The systematic investment plan (SIP) inflows also dropped to Rs.25,999 crore against Rs.26,400 crore in January, according to the latest data.

Livemint spoke to several experts to dig deeper into the reasons for this fall. Most experts say the panic created by the market fall is to blame, and the mutual fund industry is witnessing its natural aftereffects. Financial markets around the world are facing strong headwinds. On March 10, US markets also crashed, with the S&P fa...