Inflows into India's equity mutual funds shrank to a 10-month low in February as the benchmark index posting its longest falling streak in nearly three decades pushed away investors, data released on Wednesday showed.

In February, mutual fund net inflows dropped by 79% due to a 5% decline in benchmark indices Nifty 50 and BSE Sensex. Equity mutual fund inflows fell by 26%. Sectoral and thematic funds received the highest inflows,

Inflow into equity mutual funds in February slid to ₹29, 303 crore against ₹39,687 crore in January. The equity inflow had fallen in January as well against December. Steep fall was witnessed in mid and small cap funds where monthly inflow was ₹3,