New Delhi, Sept. 11 -- Equity mutual fund flows in August highlighted an interesting divergence in investor preference, with mid- and small-cap funds continuing to attract robust inflows while large-cap funds lagged behind. According to AMFI data, equity mutual funds recorded net inflows of Rs.33,417 crore in August, marking the 54th consecutive month of positive flows. However, collections were 21.7 percent lower compared to July's record inflows of Rs.42,672 crore, reflecting some moderation in overall participation.

SIP contributions remained resilient at Rs.28,265 crore, nearly unchanged from Rs.28,464 crore in July, underscoring steady investor commitment to systematic investing. Meanwhile, the mutual fund industry's total net asset...