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Equity MF investments drop 14% to ₹33,000 crore on market volatility
Equity mutual fund investments witnessed a nearly 14 per cent fall to Rs 32,994 crore in October as compared with September's Rs 38,306 crore inflow, industry body Amfi said on Wednesday. This is the 60th consecutive month of net inflows into the equity category. The overall assets under management across equity schemes stood at Rs 37.14 lakh crore as on October 31, it said, adding that the fall in the numbers was due to market correction. Equity inflows had jumped by over 31 per cent in Septem…
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