Investors shrug off volatility, sustain flows into equity MFs

Investors shrug off volatility, sustain flows into equity MFs

Collections through systematic investment plans (SIPs) fell to ₹11,438 crore, compared with ₹11,517 crore in the previous month. The mutual fund industry’s Assets Under Management (AUM) declined to ₹38.56 lakh crore from the previous month’s ₹38.89 lakh crore on account of the market decline and outflows from debt mutual funds to the tune of ₹8,274 crore.

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