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Equity mutual funds witnessed an outflow of Rs 2,480 crore in July. This makes it the first withdrawal in more than four years, primarily on profit-booking by investors. Overall, the mutual fund industry witnessed a net inflow of 89,813 crore across all segments last month. This inflow could be attributed to infusion in liquid funds and low duration funds. July 2020 saw the first outflow since March 2016, when equity schemes witnessed a pull out of Rs 1,370 crore. | The Times of India
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