Equity mutual fund schemes saw an infusion of ₹9,452 crore in July. Mumbai: Net inflows into domestic mutual funds slowed down to a five-month low in August because of uncertainty in the markets. Data from the Association of Mutual Funds of India (AMFI) showed that net equity inflows saw a steady decline, slipping 11.39% to ₹8,375 crore in August. Equity mutual fund schemes saw an infusion of ₹9,452 crore in July. Redemptions are higher this month mostly because of the equity markets hitting record high and investors looking for profit booking.

Source: Mint September 07, 2018 16:41 UTC