New Delhi, June 10 -- Net investments in equity mutual funds fell sharply in May, marking their lowest level in a year, according to data released by the Association of Mutual Funds in India (AMFI) on June 10. The total net inflow stood at Rs.19,013.12 crore-a decline of21.66% compared to the previous month.In May, equity mutual funds saw a sharp decline across categories:

Largecap funds witnessed a steep 53.19% fall in net inflows, dropping to Rs.1,250.47 crore, reflecting a notable shift in investor preference away from blue-chip stocks.

Midcap funds registered a 15.25% dip, with inflows falling to Rs.2,808.68 crore, indicating reduced enthusiasm for mid-sized companies.

Smallcap funds also saw inflows soften by 19.64%, down to Rs.3,...