The week ended March 20 was a relatively good one for mutual fund flows.
Total estimated inflows $12.36 billion for the week ended March 20, according to Investment Company Institute data.
All categories across the board except hybrid and municipal bond funds enjoyed a jump in inflows from the week ended March 13.
Equity funds overall enjoyed healthy growth in inflows to $5 billion from $3.9 billion the week prior. Domestic funds contributed with flows of $1.3 billion up from $849 million. World equity funds also climbed to $3.7 billion from $3 billion
Bond funds overall delighted in a sharp spike in inflows to $6 billion from $1.6 billion, thanks to a jump in taxable fund inflows to $6.2 billion from $2 billion.
But municipal bond fund flows remained in the negative, with outflows of $278 million just slightly up from outflows of $335 million the week prior.
Hybrid fund inflows fell to $1.4 billion from $2.1 billion.