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Below is quote on July AMFI data by Lakshmi Iyer, CIO (Debt) & Head Products, Kotak Mutual Fund

"July was a good month for net flows in fixed income after a tepid June month due to quarter end. Equity oriented funds saw over Rs 22,000 crore of net sales, highest so far in CY 2021 buoyed by positive sentiments in equity markets and robust NFO collections. For the first time this CY, we have seen a negative net sales in Gold ETFs, though a very meagre amount of Rs 61 crore. Negative returns in gold may have prompted some exits. Folios, however, continued to grow in July as well."

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