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Retail flows into equity MFs see a sharp 21% drop in Aug
Equity mutual funds experienced a 21% drop in inflows in August, totaling ₹33,430 crore, due to weaker retail investor interest and fewer new scheme launches. While SIP inflows remained relatively stable, debt funds saw outflows of ₹7,980 crore, primarily from liquid schemes. Sectoral funds witnessed the most significant decline, while flexicap funds remained popular.
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