Inflows into equity schemes of mutual funds was down 19 per cent to ₹24,690 crore last months against ₹30,422 crore logged in September largely largely due to investors booking profit as the markets rebounded.

Flexi-cap attracted the highest inflow of ₹8,929 crore (₹7,029 crore) followed by mid and small cap funds at ₹3,807 crore (₹5,085 crore) and ₹3,476 crore (₹4,363 crore). ELSS and Dividend yield funds registered a net outflow of ₹666 crore (outflow of ₹308 crore) and ₹179 crore (outflow of ₹168 crore), according to the data released by the Association of Mutual Funds in India released on Tuesday.

Venkat Chalasani, CEO, AMFI, said the equity markets recovered substantially last month with fresh investment from FPIs and this would have prompted few investors to book profit as the retu

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