Amid market volatility and political uncertainty, inflow to equity mutual funds plunged by 60 per cent to Rs 6,158 crore in January this year against Rs 15,390 crore seen in such schemes in the same month last year.
This also marked the third consecutive monthly decline in inflows in such schemes, according to the data available with Association of Mutual Funds in India (Amfi).
The drop in inflow has pulled down the asset base of equity mutual funds (MFs) to Rs 7.73 lakh cr ..
