August 2023 mutual fund flows

Equity mutual fund inflows were at a four-month high in August 2023. Net inflows stood at Rs. 20,245.26 crores in August compared to Rs. 7,625.96 crores in July.

SIP inflows hit another all-time high. SIP inflows in August 2023 stood at Rs. 15,814 crores.

Here’s how the other categories fared :point_down:

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So Hybrid Funds lead the pack in August :wink:

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