ICICI Direct: Mutual Fund Activity Report For July 2020
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Inflows into equity funds declined substantially to a four year low of Rs 241 crore in June 2020 from Rs 5,257 crore in May 2020. ICICI Direct believes few investors seem to have used the recent rally to reduce equity exposure amid continued Covid-19 related lockdown.
While SIP inflows moderated, they remained strong at Rs 7927 in June compared to Rs 8123 crore in May
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