Large-cap mutual funds see first monthly outflow in over 2.6 years
· thehindubusinessline.com
Overall, inflows into equity mutual funds declined 15% to ₹24,697 crore from ₹28,973 crore in June; Investments in hybrid funds also moderated to ₹11,491 crore, down from ₹12,893 crore.
Large-cap mutual funds recorded their first monthly net outflow in more than 2.6 years in July as investors booked profits after a sharp rebound in frontline st...