Equity flows see sharpest dip in 3.5 years, slip 78% in November

Flows were 78% low compared to Oct; lump sum investments hit

Equity mutual fund (MF) schemes recorded worst inflows in three and a half years at Rs 1,311 crore for November. It was 78 per cent low compared to the preceding month. Despite the drop in equity inflows, the assets under management (AUM) for the industry soared to a record high of Rs 27 trillion, thanks to over Rs 50,000 crore of net inflows in debt schemes. In November, equity schemes saw Rs 16,268 crore of redemption — 47 per cent higher than the previous month.

“Investors have been nervous and current conditions have not given much comfort. Some investors may have