The ratio of active fund inflows to passive funds dropped to its lowest level in 18 months at 0.4 to one in August, compared with last one-year average of 1.13:1, data from Association of Mutual Funds in India (AMFI) show.
IndiGo profit falls on higher cost on older planes
The airline was forced to induct older planes due to grounding led by issues of Pratt & Whitney engines