n August 2023, equity mutual funds experienced a significant surge in net inflows, reaching a five-month high of ₹20,245.26 crore. This marked a substantial increase compared to the ₹7,625.96 crore inflow observed in July 2023, as per data from the in India (AMFI). However,  saw outflows amounting to ₹25,872 crore during the same period. As per the AMFI data, ETFs registered an inflow of ₹1,893 crores vs ₹353 crores outflows in July.The  in India reported Total Assets Under Management (AUM) of ₹46.63 lakh crore (including close-ended schemes), showing a slight increase from ₹46.37 lakh crore in the previous monthThe Small Cap Mutual Funds in India saw an inflow of ₹4,265 crore compared to ₹4,171.44 crore in the previous month , followed by the multi-cap category with ₹3,422 crore inflows. On the contrary, large-cap funds saw the outflow of ₹348 crore, followed by the focused funds category which witnessed an outflow of ₹471 crore. Similarly, the Midcap Mutual Funds recorded an inflow of ₹2,512 crore in August, a significant