Mutual Funds: Equity MF got Rs 15,500 crore investment in June despite market downturn

[ad_1] Mumbai: retail investor continued to show confidence in equities mutual funds Despite a sharp decline in both Indian and foreign markets last month equity net viewing plans inflow ₹15,498 crore in the month, shows data from Association of Mutual Funds in India. However, this was lower than the ₹18,529 crore inflows in May. However, the debt schemes posted a net outflow of Rs 92,247 crore in June, as investors took Pennies Far, further rate hikes are expected. As a result, the total assets under management (AUM) of the industry…