New Delhi, July 10 -- Mutual funds, long seen as a way to participate in India's growth story, witnessed a strong resurgence in demand in the previous month, with total inflows reaching Rs.49,095 crore, marking a sharp 69% increase over May's Rs.29,108 crore and reflecting investors' confidence in the Indian economy amid ongoing global growth concerns.

Among all asset classes, the equity segment continued to dominate inflows, which rose to Rs.23,568 crore in June from Rs.19,013 crore in May, registering a robust 24% month-on-month increase, as per AMFI data.

The hybrid funds also sustained their momentum with net inflows of Rs.23,223 crore in June, up from Rs.20,765 crore in May, driven by continued interest in arbitrage and multi-asset...