In September 2020, the mutual fund industry saw a net outflow of approx. INR 52,000 Crs with a decrease in the Avg. AUM by 0.14%.
Notably, in the Debt category, Liquid Funds faced heavy outflows on account of advance tax payments in the quarter end.
Do have a look at a brief analysis of the Mutual Fund Flows of September 2020 for more information.