If there was one thing that stood out this month, it was the figure for net flows into equity fund in August, which scored an all-time high. Net flow is the difference between the inflows and outflows. At Rs 29,145 crore in August, net flows to equity funds was a good 58 per cent higher than the net flows in July. What appears to have driven this huge surge is a sharp drop in redemptions and a flavour for low-risk equity products.
