Equity Mutual Funds see outflow for 8th straight month in February

Equity-oriented mutual funds continued to witness net outflows for the eight month in a row. On an overall basis, the net outflow was higher than the previous month. During the month of February 2021, the segment witnessed a net outflow of Rs 10,468.02 crore, which is higher than the net outflow of Rs 9,253.22 crore witnessed in the month of January.
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