Mutual fund houses can now breathe easy. Since the ban on entry load from August 1, 2009, they were seeing a fall in their assets under management (AUM) in the equity segment. However, in January, the net inflow into equity funds was Rs 980 crore. And, equity-linked saving schemes (ELSS), which are eligible for tax deductions under Section 80C, saw net inflows of another Rs 268 crore, according to data from ICRA Online.

This scheme is a closed ended Income scheme. The new fund offer starts from 16th Feb 2010 to 16th Feb 2010.