Total equity inflows into domestic mutual funds rose to all time high of Rs 18,200 crore in July, indicating the 'financialisation' of savings cycle in India, says a Deutsche Bank report.
According to the global financial services major, July was a historic month for Indian equities, with total equity inflows (equity plus equity-linked savings schemes plus equity component of balanced funds) into domestic mutual funds rising to an all-time high of Rs 18,200 crore or USD 2.8 billi ..