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Mutual fund investments stay high despite Dalal Street slide

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Indian equity benchmarks have entered a technical correction by dropping more than 10% from their peak levels but investment by domestic mutual funds remained undeterred in April despite rising headwinds for equities. Domestic funds deployed ₹22,371 crore in April, taking the tally of cumulative three-month inflows to ₹73,550 crore in equities, a record high level, data from the Securities and Exchange Board of India (Sebi) shows. This