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Net investments in active equity mutual fund (MF) schemes plunged to Rs 2,260 crore in November, even as systematic investment plan (SIP) inflows rose to an all-time-high of Rs 13,300 crore, shows the latest data from the Association of Mutual Funds in India (Amfi). The net inflows are lowest since February 2021.
The net inflows were dragged down by a surge of redemptions. In November, investors pulled out Rs 26,030 crore from active equity schemes, 60 per cent more than the previous month and the highest since September 2021.
According to Amfi's N S Venkatesh, outflows swelled as investors booked
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