 "equity, mf, mutual funds, cash, outflow, stocks, shares, investment")
Equity schemes posted net outflows of around Rs 4,000 crore in August — the highest in a decade — led by withdrawals in large- and multi-cap schemes. Investors booked profits or redeemed their investments to meet liquidity needs in a month when the benchmark indices rose 2.7 per cent.
Seven of the 10 equity-oriented categories saw outflows of Rs 4,402 crore. Redemptions grew 11.6 per cent to Rs 18,558 crore over the previous month. Inflows via systematic investment plans (SIP) held steady despite slipping for the fifth straight month. Contributions totalled Rs 7,792 crore in August, 0.5 per cent lower than
