Mumbai, June 14 -- Equity mutual fund inflows in May shrank by more than half from a year ago, data released on Monday showed, due to uncertainty over the outcome of the 17th Lok Sabha election. According to the Association of Mutual Funds in India (Amfi), net inflows into equity mutual funds in May was '4,968.43 crore, down 56.22% from '11,350 crore a year ago. In a small relief, May inflows were 17.4% higher from April, a month when inflows had plunged 64% to the lowest in 31 months on election uncertainty, rating downgrades and a rise in crude oil prices. Amfi CEO N.S. Venkatesh attributed the weak inflows to redemption pressures as investors met their goals, and the annual vacation. However, he expects inflows to pick up as markets have...