Redemptions from equity funds rose sharply and non-SIP inflows slowed down in June even as markets recovered much of the lost ground. Investors pulled out Rs 13,520 crore from equity funds, up from Rs 7,693 crore in the preceding month, shows AMFI data. Non-SIP inflows in June stood at Rs 5,834 crore, down from Rs 21,468 crore in March. As a result, the net inflow into the segment for June was a paltry Rs 240 crore.
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