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Equity mutual fund inflows hit 13-month low; large, mid, small-caps all down

Equity mutual fund inflows experienced a 13-month low in May, decreasing by 21.7% from April, signaling investor caution amidst high valuations and global uncertainties. Despite this decline, SIP inflows reached a record high, demonstrating continued retail participation. Debt funds saw outflows, while corporate bond funds attracted significant investment, reflecting shifting investment preferences.