June AMFI data, July 10 -- Investor appetite for equity mutual funds remained resilient in June despite heightened market volatility, with net inflows into equity-oriented schemes rising sharply from the previous month. According to data released by the Association of Mutual Funds in India (AMFI) on Friday, equity mutual funds attracted Rs.28,973 crore in net inflows during June, marking a 26% month-on-month (MoM) increase from Rs.22,908 crore in May.

While the mutual fund industry as a whole recorded a net outflow of Rs.52,949 crore during the month, it was lower than the Rs.64,131 crore outflow reported in May. The decline was largely due to a withdrawal of Rs.1.09 lakh crore from debt-oriented schemes. Despite this, the industry's ass...