Long-term funds took in $4.5 billion in the week ended March 9, the Investment Company Institute said.

Investors redeemed $193 million from equity funds, compared to inflows of $1.49 billion the previous week. Domestic equity funds had outflows of $1.12 billion, while foreign equity funds took in $929 million.

Hybrid funds saw inflows of $1.49 billion, up from the $1.18 billion they took in the previous week.

Investors placed $3.2 billion into bond funds, down from the $4.07 billion they took in the previous week. Taxable bond funds had inflows of $3.88 billion, and municipal bond funds had inflows of $681 million.