India’s mutual fund industry witnessed a moderation in equity inflows during August, reflecting cautious investor sentiment amid global uncertainties and domestic market volatility. According to the Association of Mutual Funds in India (AMFI), net investments in equity schemes registered a decline compared with previous months, even as overall assets under management (AUM) remained robust. Analysts attribute this slowdown to profit-booking in mid- and small-cap segments, concerns over valuations, and rising global interest rates.