Equity fund inflows lose steam as geopolitical risks weigh on markets, hit 12-month low of Rs 22,908 crore in May
Equity mutual funds saw a sharp slowdown in inflows in May, falling to their lowest level in a year as geopolitical tensions in West Asia, rising crude oil prices and market volatility weighed on investor sentiment, according to data released by the Association of Mutual Funds in India (AMFI).Net inflows into equity schemes stood at Rs 22,908 crore in May,…
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