# Four equity fund categories see outflows in July even as returns rise 2026-08-12T22:41:39+00:00 | Business & Economy | Indian Opinion Desk Corroboration: 2 independent outlets Four equity mutual fund categories, large-cap, dividend yield, value, and ELSS, recorded net outflows in July 2026, even as most delivered positive returns, according to AMFI data. Large-cap funds saw the steepest withdrawal of Rs 1,321 crore, followed by ELSS at Rs 959 crore, dividend yield at Rs 169 crore, and value/contra at Rs 144 crore. Experts attribute the shift to investors moving money into mid- and small-cap funds after a market recovery, with small-cap funds attracting a record Rs 7,767 crore and mid-caps Rs 6,192 crore. Overall equity fund inflows fell 15 per cent month-on-month to Rs 24,697 crore. Separately, debt funds saw a sharp revival, pulling in Rs 1.87 lakh crore after two months of outflows. ## Coverage - livemint.com - timesnownews.com Tags: ELSS, equity funds, investor behaviour, large-cap, mutual funds, outflows Canonical: https://indianopinion.org/four-equity-fund-categories-log-outflows-in-july-despite-gains/ License: Summary and commentary (c) Indian Opinion, reusable with attribution. Facts belong to the linked sources. Cite: https://indianopinion.org/four-equity-fund-categories-log-outflows-in-july-despite-gains/#story-in-brief Review state: restored archive article, accurate at time of publication, not offered to search indexes.