October sees 19% drop in equity MF inflows amid market uncertainty
Mumbai: Equity mutual fund inflows declined 19% to ₹24,690 crore in October, compared with ₹30,422 crore in the previous month, as investors held back on fresh lump sum investments amid uncertainty over the stock market’s direction. Inflows through SIPs rose marginally to ₹29,530 crore, compared with ₹29,361 crore in the previous month. Debt mutual funds…