Equity mutual funds witnessed an outflow of Rs 734 crore in September, making it the third consecutive monthly withdrawal, mainly due to pull-out from multi-cap space.

Besides, investors pulled out over Rs 51,900 crore from debt mutual funds (MFs) last month compared to Rs 3,907 crore in August, data from the Association of Mutual Funds in India showed on Thursday.

Overall, the mutual fund industry witnessed a net outflow of a little over Rs 52,000 crore across all segments during the period under review, as against Rs 14,553 crore in August.

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