Large-cap funds see outflows after 31 months in July: AMFI data
Large-cap mutual funds experienced outflows of ₹1,322 crore in July, marking the first decline since December 2023. This drop coincided with a 15% decrease in overall equity mutual fund inflows, totaling ₹24,697 crore, as foreign investors returned to Indian stocks. The Nifty 50 index gained 2.2% in July, indicating a potential shift in investor strategy.