Investors doubled down on their investments in equity mutual funds in November amid the selloff in the stock market. Equity schemes received ₹11,614 crore in November, marking the ninth straight month of net inflows, as against ₹5,215 crore in October; while the popular SIP or Systematic Investment Plan collections – which are akin to recurring deposits (RDs) offered by banks – crossed ₹11,000 crore for the first time ever in November.
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