Mumbai, May 11 -- Actively managed equity mutual funds saw a net inflow of Rs 38,440.20 crore in April, compared to Rs 40,450.26 crore in March, as per the monthly data released by the Association of Mutual Funds in India. This marked a monthly decline of around 5%. Overall industry flows stood at Rs 3.22 lakh crore, rising sharply compared to Rs Rs 2.39 crore in March. Inflows across equity categories showed a dip relative to the previous month.

Large-cap equity funds recorded an inflow of Rs 2,524.61 crore in April, compared to Rs 2,997.84 crore in March - down around 20%. However, the mid-cap category saw inflows of Rs 6,551.40 crore - up 8% on month. Small-cap funds registered net inflows of Rs 6,885.90 crore in April, up 10% on mont...