1 min read.Updated: 14 Aug 2019, 02:13 PM ISTAmeya Karve, Bloomberg
Equity mutual funds received net inflows of ₹8,110 crore in July
This is the highest inflow in four months
Investors in Indian equity mutual funds bought more last month, unfazed by the selloff that saw the nation’s $1.9 trillion market log its worst July in 17 years. Stock plans received ₹8,110 crore ($1.2 billion), according to the Association of Mutual Funds in India. That’s an increase from ₹7,660 crore that the funds got in June and the highest in four months.
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