Equity MF inflows at a one year low of ₹22,900 crore in May

Net inflows in equity mutual funds dipped 40% to ₹22,907 crore in May 2026 from the previous month, according to monthly data from Association of Mutual Funds of India (AMFI).Inflows into equity mutual funds had already moderated ever since the beginning of the calendar year. The inflows moderated in January and February 2026, even before the Iran war. Investors had shown resilience despite lukewarm returns on their funds throughout 2025 with July 2025 inflows going as high as ₹42,702 crore. This momentum normalised in the subsequent months.“The moderation in flows can largely be attributed to a combination of factors.

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