The Indian mutual fund raised about Rs 13,000 crore from systematic investment plans (SIP), but the growth and equity funds saw a reduced net inflow of about Rs 2,258.35 crore last month, the Association of Mutual Funds in India (AMFI) said.The .
The month-on-month net inflows for equity mutual funds came down by 42.6 per cent to Rs 8,898.25 crore in July 2022, as per the figures released by the Association of Mutual Funds in India (AMFI).The total net inflow for the mutual fund .
Weakening rupee and geopolitical tension which started in central Europe earlier this year and the latest sparks in the strait of Taiwan, are the other factors for the drop in equity inflows, Nitin Rao, Head Products & Proposition of Epsilon Money Mart, said.