The total value of equity-related investments of MFs rose by 20% year-on-year to ₹27.4 lakh crore while that held by institutions grew by 11% to ₹142 lakh crore.
Synopsis
The three-month rolling cumulative investment of the domestic mutual funds stood at ₹65,919 crore at the end of October – the highest in 16 months according to data from market regulator Securities and Exchange Board of India (Sebi). FPIs pulled out ₹27,052 crore from Asia’s third-largest economy during the period.
ET Intelligence Group: The ratio of assets under management (AUM) of domestic funds to foreign portfolio investors (FPIs) rose to a record 0.52 in October from 0.47 a year ago amid sustained inflows even as FPIs were in the selling mode.The three-month rolling cumulative investment of the domestic mutual funds stood at ₹65,919 crore at the end of October – the highest in 16 months according to data from market regulator Securities and Exchange
BY
ET Bureau
2 mins read, Last Updated:
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