Large outflows hurt equity MFs in July
SummaryNet inflows into equity MFs in India fell to ₹7,505.32cr in July, with outflows from large cap funds. And inflows into debt schemes rebounded sharply. The trend of healthy inflows in SIPs also continued, with an all-time high of ₹15,244.73 cr contributed in July.
New Delhi: Net inflows into equity mutual funds, comprising both open-ended and closed-end schemes, fell to ₹7,505.32 crore in July from ₹8,244.8 crore in the previous month, showed data from the Association of Mutual Funds in India (Amfi).