NEW DELHI, 5 OCT: Investors have put in nearly Rs 24,000 crore in various mutual funds in August after pulling out money from such schemes in the preceding two months.
The huge inflows of funds during August followed a net withdrawal of Rs 50,067 crore in the preceding month, taking the total outflows for two consecutive months to close to Rs 1 lakh crore.
As per the latest data available with market regulator Securities and Exchange Board of India (Sebi), investors have pumped in a net amount of Rs 23,713 crore in August in various mutual fund (MF) schemes. pti