Equity mutual funds experienced a 21% drop in inflows in August, totaling ₹33,430 crore, due to weaker retail investor interest and fewer new scheme launches. While SIP inflows remained relatively stable, debt funds saw outflows of ₹7,980 crore, primarily from liquid schemes. Sectoral funds witnessed the most significant decline, while flexicap funds remained popular.
F&O Talk: Nifty charts suggest further consolidation; Sudeep Shah’s strategy on Cohance, HEG and 4 more stocks
Indian markets corrected amid volatility, with Nifty entering a consolidation phase after a sharp April rally. Technical indicators suggest a range-bound trend with key support