Inflows into equity mutual funds in August highest in past five months ...Middle East

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New Delhi: Equity mutual funds recorded a substantial net inflow of Rs 20,245 crores in August, a significant surge compared to the Rs 7,626 crore observed in July, says Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC. In the month of August, the equity markets exhibited a risk-on sentiment, which is also reflected in the mutual fund flows. This inflow marked the highest flows in the past five months. Small caps funds extended the positive trend into the current month with the highest net inflows, followed by thematic/sectoral funds and multicap funds. Consequently, August month witnessed a robust rally in mid and small-cap stocks, Chaturvedi said. Conversely, liquid funds saw o

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