Equity mutual funds and balanced funds continued to receive robust inflows in June as the stock market extended its rally ignoring uncertainty about governor Raghuram Rajan's exit from RBI and the UK's decision to move out of the European Union.
Balanced funds received inflows of Rs 2,402 crore, the highest in 2016. These funds, typically have 65-70 per cent of their portfolio invested in equities and 30-35 per cent in debt.
