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Equity mutual fund inflows dip to Rs 28,671 cr in October
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Positive sentiments and rally in the equity markets continued to attract investors into equity-oriented mutual funds in October 2021 as well. However, the quantum of net inflows dropped from September. This could be a result of investors booking profits with markets trading near all-time highs. Also, many investors would have chosen to stay on the sidelines given higher valuations. This is evident as the fund mobilised fell from Rs 36,656 crore in September to Rs 28,671 crore in October.
“The resumption of business activities and pick up in the vaccination drive have improved growth outlook. This has aided the markets to touch new all-time highs on expectation of economic recovery, thereby sidelining the risk of a possible third wave of the
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