New Delhi, Sept. 14 -- Equity mutual fund (MF) inflows, including hybrid schemes but excluding arbitrage, dropped to RS 424 billion in August 2025, marking a 25 per cent month-on-month (MoM) and 8 per cent year-on-year (YoY) decline, according to data compiled by JM Financial.

The sharp fall was largely attributed to a weaker new fund offering (NFO) pipeline, which accounted for 61 per cent of the RS 142 billion MoM decline in net inflows.

Equity and hybrid NFO inflows came in at just RS 22 billion in August, significantly lower than the RS 109 billion seen in July. Key launches during the month included the Kotak Active Momentum Fund, Bank of India Mid Cap Fund, Bajaj Finserv Equity Savings Fund, and 360 ONE Multi Asset Allocation Fund...