Question
What percentage did Mutual Fund net inflows decline in
August 2024, as per AMFI data?Solution
According to AMFI data, mutual fund net inflows declined by 43% in August 2024, falling to βΉ1.08 lakh crore from βΉ1.89 lakh crore in July. The decline reflects slower growth in assets under management (AUM) across the mutual fund industry.
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