Equity Mutual Fund inflows drop 22% in May; MF industry AUM hits record ₹72.2 lakh crore
Equity mutual fund inflows dropped 21.66% to ₹19,013 crore in May, marking the fifth consecutive monthly decline, according to AMFI data. | Photo Credit: iStockphoto Inflow in equity mutual funds dropped 21.66 per cent to Rs 19,013 crore in May, data released by Association of Mutual Funds in India (AMFI) on Tuesday showed. This was…