The Net equity flows into Indian mutual funds moderated in September, according to AMFI data . Net equity inflows stood at Rs 30,405 crore in September, down from Rs 33,417 crore in August on a month-on-month basis.

Despite the slowdown in fresh equity money, the industry’s total assets under management (AUM) ticked up slightly, rising to Rs 75.61 lakh crore in September from Rs 75.18 lakh crore a month earlier.

Across equity categories, inflows softened. Large-cap funds attracted net inflows of Rs 2,319 crore in September, down from Rs 2,835 crore in August. Small-cap schemes drew Rs 4,363 crore, compared with Rs 4,993 crore in the preceding month, while mid-cap funds saw Rs 5,085 crore of net purchases versus Rs 5,331 crore in August.

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