As the stock markets hit fresh record highs in Nov... moreAs the stock markets hit fresh record highs in November, mutual fund investors rushed to book profits leading to high redemption pressure and decline in net inflow into equity schemes in the month. According to data released by the Association of Mutual Funds of India (Amfi) on Monday, net inflows into equity mutual fund schemes fell to ₹1690.48 crore in November, lowest since June 2016, when net inflow was at ₹320 crore. This indicates a fall of 79.91% from same month last year ₹8414 crore and 72% lower from October ( ₹6,037.78 crore). Mint's Nasrin Sultana explains.
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