Mutual fund net inflows increased to $35 billion in February, up from about $18 billion in February 2009, the Financial Research Corp. reports.
Corporate funds led with a monthly net inflow of $12.6 billion, up from about $11 billion.
Equity funds took in almost $2.4 billion more than they lost. The figure represents a sharp turnaround from the $23 billion in net outflow reported for February 2009.
International equity funds also improved significantly, reporting $4.3 billion in net inflow, compared with more than $12 billion in net outflow in February 2009, according to FRC, Boston.