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Equity MF bets lose some zip, seasonal debt flow lifts AUM

Partially corroborated51

Mumbai: Retail investors slowed equity purchases by nearly 15% in July, putting in ₹24,697 crore into mutual funds, compared with ₹28,973 crore of fresh commitments in June. Purchases of debt instruments, which experts attributed to seasonality, helped expand the total industry size. Growth in sy...

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