Investors pumped in ₹11,710 crore into equity mutual funds during the three months ended June, a slump of 62 per cent from the preceding quarter on account of market volatility and uncertain economic environment due to the Covid-19 pandemic.
The positive inflow pushed the asset base of equity mutual funds (MFs) to ₹7.01 lakh crore by June-end from ₹5.78 lakh crore at the end of March, data from the Association of Mutual Funds in India showed.