Equity mutual funds received ₹9,150 crore inflows last month
This is the highest since March
Inflows into Indian equity mutual funds rose for the fourth straight month in August even as the nation’s stocks suffered their worst three-month period since 2016. Stock plans received ₹9,150 crore ($1.2 billion), according to the Association of Mutual Funds in India. That’s an increase from ₹8,110 crore that the funds got in July and the highest since March.
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