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Equity mutual funds inflow drops 42% in July, debt funds see net withdrawals amid volatility, inflation woes

High volatility in the stock market, concerns over inflation and rate hike expectations in the past few weeks took a toll on investors, both equity and mutual funds. In the month of July, inflows in equity mutual funds dropped by 42 per cent to Rs 8,898 crore, according to the data released by the Association …

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