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Redemption in MF equity schemes peaks in October
Market volatility has hit equity schemes of domestic mutual funds. The category has seen the highest monthly redemption so far in the current financial year in October, with net outflow crossing Rs 2,100 crore. Equity schemes were the most hit after the liquid and money market category due to uncertain market movements in October. This is a continuation of what was seen in September, when equity schemes
Market volatility has hit equity schemes of domestic mutual funds. The category has seen the highest monthly redemption so far in the current financial year in October, with net outflow crossing Rs 2,100 crore. Equity schemes were the most hit after the liquid and money market category due to uncertain market movements in October. This is a continuation of what was seen in September, when equity schemes
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