 "Equity fund inflows")
Net inflows into equity-oriented mutual fund (MF) schemes dropped 31 per cent month-on-month to Rs 6,120 crore in August, according to the monthly data released by the Association of Mutual Funds in India (AMFI).
The reading was the lowest since October 2021 and only a third of the average monthly inflows received during the first eight months of 2022. From the peak of Rs 28,463 crore in March, inflows into equity MFs have moderated amid a surge in volatility triggered by hawkish pivots of global central banks.
Industry players said concerns around lofty valuations and profit-taking following a sharp rebound from the
