Indian equity funds saw a record inflow of $5 billion during the selling spree in July.

According to Jin10 data on August 11, despite concerns over U.S. tariffs triggering one of the most severe market dumpings this year, retail investors in India continued to increase their stock investments in July. Data from the Association of Mutual Funds in India shows that Indian mutual funds focused on stocks (which mainly receive funds from individual investors) achieved a record net inflow of 427 billion rupees (approximately $4.9 billion). The inflow into monthly systematic investment plans was about 285 billion rupees. The net inflow for the 53rd consecutive month not only demonstrates retail investors’ confidence in the long-term prospects of local stocks but also reflects their ability to still bet on the stock market during an overall market dumping. A. Balasubramanian, CEO of Aditya Birla Sun Life AMC Ltd., stated: “In times of high uncertainty, this proves the resilience and maturity of the Indian market and investors.”