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Sumaira on May MF data
Description
Net inflows in the equity mutual funds, including equity-linked saving schemes, rose over 17 percent month-over-month in May, according to data released by the Association of Mutual Funds in India (Amfi). Total assets under management rose to Rs 25.93 lakh crore in May, up 4.6 percent from last month. Total net inflows stood at Rs 76,989.81 crore, down 23.3 percent from April.
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