The mutual fund industry in India attracted Rs 34,765 crore in the September quarter, a significant decrease from the previous quarter’s inflow of Rs 1.85 lakh crore. The decrease was primarily due to withdrawals from the debt segment. Most asset classes saw net inflows during this period, except for the fixed-income or debt segment which witnessed net outflows. Overall, the industry’s assets under management increased by 5% to Rs 46.22 lakh crore.
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