Mutual Funds equity inflow rises to Rs 40k-cr in FY15
13/04/2015 08:14
Mutual funds pumped in over Rs 40,000 crore in equity markets in 2014-15, making it their first net inflow in six years for an entire fiscal, said the media report. The inflows have been mainly on account of positive investor sentiment, helped by the government's reforms agenda and improved fundamentals of the economy. Besides, fund managers invested a net amount of Rs 5.87 lakh crore in debt markets in the past financial year, which ended on March 31. According to the latest Sebi data, mutual fund managers invested a net sum of Rs 40,722 crore in 2014-15 while they pulled out over Rs 14,000 crore in the preceding financial year. The last fiscal witnessed a net inflow after seeing outflows, on net basis, for five consecutive financial years. Experts have attributed the inflows in equity markets to the government's reforms agenda, improved fundamentals of the domestic economy and increased participation from retail investors. However, industry body Association of Mutual Funds of India's (Amfi) decision to put one per cent cap on upfront commission paid to distributors may impact the sector, they added.
13/04/2015 08:14
Mutual funds pumped in over Rs 40,000 crore in equity markets in 2014-15, making it their first net inflow in six years for an entire fiscal, said the media report. The inflows have been mainly on account of positive investor sentiment, helped by the government's reforms agenda and improved fundamentals of the economy. Besides, fund managers invested a net amount of Rs 5.87 lakh crore in debt markets in the past financial year, which ended on March 31. According to the latest Sebi data, mutual fund managers invested a net sum of Rs 40,722 crore in 2014-15 while they pulled out over Rs 14,000 crore in the preceding financial year. The last fiscal witnessed a net inflow after seeing outflows, on net basis, for five consecutive financial years. Experts have attributed the inflows in equity markets to the government's reforms agenda, improved fundamentals of the domestic economy and increased participation from retail investors. However, industry body Association of Mutual Funds of India's (Amfi) decision to put one per cent cap on upfront commission paid to distributors may impact the sector, they added.
