Indian investors made a net investment of 293.3 billion rupees in equity funds in August, an increase of 19% over July, according to data from the Indian Mutual Funds Association. The net outflow of bond funds was 81.3 billion rupees, compared to a net inflow of 1.88 trillion rupees in July. Overnight funds and liquidity funds had a combined outflow of 306.5 billion rupees; money market funds had a net inflow of 117.3 billion rupees. The hybrid fund, which invests in stocks and bonds at the same time, achieved a net inflow of 10.5 billion rupees, for the fifth consecutive month of capital inflows. Gold ETFs received capital inflows of 26 billion rupees, stock ETFs of 72.4 billion rupees, and silver ETFs of 12.7 billion rupees.

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