Equity mutual fund schemes had net inflows of Rs 13,545 crore in the first half of 2016, only a fourth of the Rs 53,578 crore they had garnered in the corresponding period last year. Average monthly inflows have declined from Rs 8,900 crore in the first half of 2015 to Rs 2,250 crore in the first six months of 2016. Sectoral players said the sharp fall in the market at the start of the year and events like Brexit had affected flows.
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