Mutual Fund: Equity schemes shrink 15% month-on-month in July, stellar show by debt funds

Equity mutual fund schemes have suffered a decline in net inflows in July 2024. Data revealed by AMFI or Association of Mutual Funds in India today revealed this erosion in net inflows despite Sensex 30 rising 2.11% during the month.

Kolkata: Equity mutual fund schemes have suffered a decline in net inflows in July 2024. Data revealed by AMFI or Association of Mutual Funds in India today revealed this erosion in net inflows despite Sensex 30 rising 2.11% during the month. Information from AMFI showed that equity mutual fund schemes suffered a 15% month-on-month decline in net inflows which reached Rs 24,697 crore in July. In June equity mutual fund schemes garnered a net inflow of Rs 28,973 crore. Generally speaking,........

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