 "mf investor, mutual fund")
Equity mutual fund (MF) inflows eased for the third consecutive month in October, slipping 19 per cent month-on-month to ₹24,690 crore. Industry players said the decline stemmed from profit-taking after a sharp run-up in the equity market, which pushed benchmark indices close to record highs.
Systematic investment plans (SIPs), however, bucked the trend, with flows rising to a new high of ₹29,529 crore.
“The moderation in net inflows could be attributed to profit booking by investors given the sharp surge in equity markets, along with the festival season. While the pace of inflows softened, the overall trend continues to reflect
