Mutual fund took in net flows of $116.46 billion in the first quarter of the year, up 75% from the $66.5 billion they netted in the same period last year, data from the Investment Company Institute shows.

Equity funds took in $92.96 billion. While high, that is still lower than the $130.2 billion they reaped in the first quarter of 2000, at the height of the bull market.

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