India equity fund inflows fall in July as large-caps see first outflows in over 2-1/2 years
Equity mutual fund inflows in India fell 14.8% month-on-month to 246.97 billion rupees ($2.59 billion) in July as large-cap funds saw outflows for the first time since December 2023, while investors poured record amounts into small-caps. Equity funds, however, registered net inflows for a record 65th consecutive month, data from the Association of Mutual Funds in India showed on Tuesday,…
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