Mumbai, April 11 -- Net equity inflows into mutual funds dropped to an 11-month low in March, reflecting heightened market volatility and an ongoing correction.

Total net inflows into equity-oriented mutual funds stood at just over Rs.25,000 crore during the month-the lowest since Rs.18,917 crore seen in April 2024.

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Net inflows for open-ended equity-oriented schemes in March fell 14% month-on-month (MoM) to Rs.25,082 crore while 5.1 million systematic investment plans (SIP) accounts were closed during the month as compared with 4 million SIP opened in March.

"The slowdown in equity inflows is a due to excessive global market volatility and the fact th...