Mutual Funds: Inflows into equity schemes rose 3%, debt schemes saw 62% dip in August, reveals AMFI data

Mutual Funds: Inflows into equity schemes rose 3%, debt schemes saw 62% dip in August, reveals AMFI data

The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to ₹1.08 lakh crore against ₹1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds, reveals the AMFI (Association … Read more