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Mutual Funds Net Inflows Surges More Than 300 Percent MoM In November

The mutual fund industry witnessed net inflows of Rs. 142,359 crore in November 2018, 300% higher on a sequential basis. The growth was mainly due to a significant surge in inflows in the liquid/money market category, which witnessed net inflows of Rs. 136,135 crore in November 2018, up more than 140% MoM. Folios increase both MoM and YoY to 7.97 crore