Dot.com Bubble
Fund inflows largely outweighed outflows well after the bubble
What happened to investors during the 2000 dot.com crash? Some experts think that large institutions and professional investors exited right after the market collapsed and that exaggerated the effect. But the reality is that people were still putting money into Mutual Funds at high rates well into November 2000. The ratio of deposits (money into Mutual Funds) to withdrawals (money out of Mutual Funds) shrank slowly until November - personal investors took a long time to realize that the tech boom was over, even for professional mutual fund managers to whom they trusted their money.