Mutual fund investors continued to pour money into equity schemes in October, although the pace of inflows moderated compared to the previous month. Data from the Association of Mutual Funds in India (AMFI) showed that net inflows into equity mutual funds stood at ₹24,690 crore, a 19% decline from ₹30,422 crore recorded in September.
This slowdown marks the second month of moderation after August, when equity inflows had also declined by 22% month-on-month.
Despite the cooling inflows, the mutual fund industry’s total Assets Under Management (AUM) rose to an all-time high of ₹79.87 lakh crore in October, up from ₹75.61 lakh crore in September. Equity AUM climbed to ₹35.16 lakh crore from ₹33.7 lakh crore in the previous month, reflecting the buoyancy in equity markets and continued inves

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