Market volatility seems to have had some impact on investment flows in mutual funds. Equity fund inflows actually saw a 32 percent drop in June against May this year.

According to data provided by Association of Mutual Funds in India (AMFI), net inflow into equity mutual fund schemes was at Rs 8,237 crore in June, down 32 percent from Rs 12,070 crore in May.

June 2018 equity flows show growth of just 0.8 percent against June 2017.

Outflow from arbitrage funds hits June equity numbers, said AMFI.

It is not very good news looking at the fund flow data and that is the single biggest factor that it has been holding up the market.

First Published:Jul 9, 2018 9:29 AM IST