Net inflow to equity Mutual Funds plunges 95 pct in June
Likely profit booking led to a plunge of over 95 per cent in net investments into equity mutual funds schemes in June, compared to May. The net inflows only stood at Rs 240.55 crore in June, as against Rs 5,256.52 crore in May
According to the data from the Association of Mutual Funds in India, monthly SIP contribution was down to Rs 7,927.11 crore in June from Rs 8,123.03 crore in May. Source: PTI