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Equity mutual funds attract ₹29,329 crore in August, highest in 4 months
Equity mutual fund schemes attracted Rs 29,329 crore in August, marking the highest net inflow in four months, driven by strong investors interest in mid-cap and small-cap funds. This was nearly 19 per cent higher than Rs 24,697 crore inflow registered in July, according to data released by the Association of Mutual Funds in India (AMFI) on Thursday. The overall mutual fund industry saw a decline in net inflow to Rs 41,353 crore in August compared to a staggering Rs 2.36 lakh crore in July. Thi…
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