Economic TimesLean R·
Investors shrug off bear party, put big money into equity mutual funds
Mumbai: Equity mutual fund inflows hit a five-month high in September, with investors pouring money into small- and mid-cap schemes despite a weak equity market backdrop and sustained foreign investor selling. Debt funds, however, witnessed outflows, led by redemptions from liquid and money market schemes by companies for advance tax payments, partly resulting in the mutual fund industry posting outflows during the month.Net inflows into equity schemes rose nearly 31% from the prior month to ₹3…
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