Inflows into equity funds fell by 9% to Rs 37,113 crore, while the SIP book reached a new high of Rs 23,332 crore in July
The Association of Mutual Funds of India (AMFI), the industry trade group for mutual funds, issued data on August 9 that showed a decline in investments in large- and mid-cap funds during July, resulting in an 8.61 percent decline in inflows into open-ended equities mutual funds to Rs 37,113.39 crore. According to AMFI data, monthly…