Inflows into the equity mutual funds increased 21 per cent last month to ₹29,911 crore against ₹24,690 crore logged in the October as investors sentiments improved with Nifty hitting a new high despite growing global uncertainty.

Flexi and mid-cap attracted the highest inflows at ₹8,135 crore (₹8,929 crore) and ₹4,487 crore (₹3,807 crore) while small cap garnered ₹4,407 crore (₹3,476 crore) fresh investment, according to the Association of Mutual Funds in India data.

The bullishness in Gold and silver exchange traded fund tapered off to ₹3,742 crore (₹7,743 crore) and ₹2,154 crore (₹3,412 crore) on the back of continued rally in prices.

SIP contribution moderated to ₹29,445 crore (₹29,529 crore) as the last two days of November fell on Saturday and Sunday. Contributing SIP accounts also

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