Market participants attributed the record inflows to an improving macro situation and political stability.The launch of closed-ended schemes by many fund houses helped boost equity inflows in 2014 as well.During the year 2014, around 60 new equity schemes were launched by different fund houses, out of which over 35 were closed-ended, collecting approximately R7,400 crore. In 2014, the highest inflow came in July at R11,056 crore - half of that amount came through JM Arbitrage Advantage Fund.