Inflows into Indian equity mutual funds in January were the smallest in two years as heightened market volatility and political uncertainty cooled demand for riskier assets.
Stock funds took in a net 61.6 billion rupees ($866 million), the least since January 2017, and a seven percent decline over the previous month, data from the Association of Mutual Funds in India show.
Here’s what the top three asset managers bought and sold last month: