Equity mutual fund inflows hit 1-yr high in August
Equity mutual funds registered a net inflow of ₹6,505 crore in August, the highest inflow since August 2015, data by Association of Mutual Funds in India stated. Good monsoon, progress on the GST Bill, and positive US economy data contributed to the increase, analysts said. With this, the total mobilisation in equity schemes has reached ₹18,490 crore during this fiscal. 