Net inflows into equity mutual fund schemes declined 15% month-on-month to Rs 24,697 crore in July, according to data released by the Association of Mutual Funds in India (Amfi) on Tuesday.
Equity mutual funds had attracted Rs 28,973 crore in net inflows in June.
Despite the moderation, equity mutual fund investments continued to see healthy inflows in July, indicating sustained investor interest, although the pace slowed from the previous month.