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Overall, the mutual fund industry has witnessed an outflow of Rs 1.6 lakh crore in March after seeing an inflow of Rs 1.2 lakh crore in February.
The huge outflow was due to withdrawal of Rs 1.98 lakh crore into debt schemes.
Going the data, equity-oriented schemes witnessed an outflow of Rs 22,633 crore in March as compared to Rs 26,866 crore in February.
Barring
The industry’s net