Equity mutual funds rebounded in June with net inflows of ₹23,587 crore, a 24% increase from May, fueled by flexi-cap, mid-cap, and small-cap schemes. SIP contributions reached a record ₹27,269 crore, driving retail flows. Despite debt fund outflows, the industry’s AUM hit a new high of ₹74.41 lakh crore, reflecting positive investor sentiment amid market gains.