Latest Articles

blank

AMFI: Equity mutual funds faced net outflows of Rs 2480 crore in July, first time in 2 years

Equity mutual funds in India faced their monthly net outflows in July, first time in more than two years as investors continue to cash out and redeem their units. Equity and equity-linked schemes witnessed an outflow of Rs 2,480 crore in July compared with an inflow of Rs 241 crore in the previous month (June), according to data released by the Association of Mutual Funds in India (AMFI).