Debt mutual fund outflows cross ₹1 lakh crore in June: Here’s what led to the decline
Debt-oriented mutual fund schemes recorded net outflows of ₹1.09 lakh crore in June, compared with net outflows of ₹96,949 crore in May, according to the Association of Mutual Funds in India (AMFI). The withdrawals came even as the overall mutual fund industry’s assets under management (AUM) rose to ₹82.22 lakh crore at the end of…
