Mutual fund investors seek ‘balance’, cut back on equity bets in August
Flows into equity mutual funds dipped sharply in August compared to the previous month, as investors made fresh allocations to a new fund offer (NFO) of SBI Balanced Advantage Fund, which invests in a mix of equity and debt. Equity mutual funds saw inflows of ₹8,667 crore in August, sharply lower than the previous month’s … Read more