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mutual fund industry News

Equity schemes continue to bleed
Mutual fund industry witnesses net outflow of over Rs 3,000 crore in August The domestic mutual fund (MF) industry has seen yet another large outflow from equity assets in August — the third month in a row in the current financial year. According to statistics released on Friday by the industry body, Association of Mutual Funds in India (Amfi), the fund market saw a net outflow of Rs 2,890