Equity Mutual Fund Inflows Decline by 10% in September

Equity mutual funds in India attracted ₹34,419 crore in September, a 10% decline from August. This marks the lowest inflow since April and continues a trend of net inflows for 43 months. The drop was mainly due to decreased interest in thematic and large-cap funds, which saw inflows fall to ₹1,769 crore from ₹2,637 crore. The overall mutual fund industry faced an outflow of ₹71,114 crore, driven by a significant withdrawal of ₹1.14 trillion from debt schemes. Despite this, the industry's net assets under management increased to ₹67 trillion from ₹66.7 trillion in August.



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