Midcap & flexicap schemes lead inflows into equity funds in June

Investors put in Rs 5,988 crore in June, lower than May’s Rs 10,083 crore, but registering net additions to the equities kitty for the fourth straight month. Debt funds, too, saw net flows of Rs 3,566 crore, taking the total assets under management of the mutual fund industry to Rs 34.1 lakh crore. Monthly flows through systematic investment plans (SIPs) rose to Rs 9,156 crore as compared to Rs 8,818.90 crore in the previous month.

via Economictimes