Axis Greater China Equity FoF among 8 equity mutual funds that saw over Rs 220 crore outflow in June

Eight equity mutual funds saw over Rs 220 crore outflow in June. Here is a detailed breakup (Source: ACE MF)

HDFC Arbitrage Fund, an arbitrage fund, witnessed the highest monthly outflow in June. The fund saw an outflow of Rs 1,312 crore, with its AUM declining to Rs 23,771 crore from Rs 25,084 crore in the previous month.

ICICI Pru Technology Fund and Tata Digital India Fund saw an outflow of Rs 811 crore and Rs 463 crore respectively. The fund had an AUM of Rs 12,547 crore and Rs 9,196 crore respectively.

Axis Greater China Equity FoF and Motilal Oswal Nasdaq 100 FOF saw an outflow of Rs 316 crore each. The funds had an AUM of Rs 3,851 crore and Rs 8,267 crore respectively.

ICICI Pru Equity Savings Fund and ICICI Pru Energy Opportunities Fund saw an outflow of Rs 233 crore and Rs 229 crore respectively. The funds had an AUM of Rs 16,499 crore and Rs 8,351 crore respectively.

Aditya Birla SL Digital India Fund, a tech sector based fund, saw an outflow of Rs 227 crore taking the total AUM to Rs 3,589 crore in June against Rs 3,816 crore in the previous month.