You are here: Home » Markets ยป Features
;
Business Standard

Mutual funds' flow into equities at two-year high

Auto ancillaries, airlines, chemicals, cement, financials, steel and textile sectors have been their favourites, data show

Puneet Wadhwa & Deepak Korgaonkar  |  Mumbai 

Domestic mutual funds (MFs) continue to pour money into equity markets, with their net flow hitting a record high during calendar year 2017 (CY17). Till September 7, MFs have pumped in a net Rs 73,428 crore in equities, surpassing their previous high recorded two years ago.

During the entire calendar year 2015, they had made a net investment of Rs 72,199 crore in equities. In CY15, MFs reported a net inflow of Rs 48,170 crore. Their net investment so far in CY17 is 5.8 times higher than that of CY16 when they had put Rs 12,538 crore in equities, according to data with the Securities ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Tue, September 12 2017. 23:27 IST