Mutual Fund managers have pumped in a whopping over Rs 75,000 crore into equities in the first eleven months of the current fiscal amid sustained volatility in the stock markets.
This comes on top of Rs 68,121 crore invested in the entire past fiscal. Growing participation from retail investors, especially from small towns and several measures taken by markets regulator Sebi led to robust inflows in equity schemes, industry experts said.
Equity and equity-linked saving schemes have witnessed a net inflow of Rs 75,394 crore during April-February period of 2015-16, according to latest data with Association of Mutual Funds in India (Amfi).
Meanwhile, the 30-share benchmark index Sensex has plunged by 17.72 per cent in the first eleven months of the ongoing financial year.
MFs are investment vehicles made up of a pool of funds collected from a large number of investors and invest in stocks, bonds and money market instruments, among others.
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