Mutual funds managers pumped more than Rs 41,000 crore in the stock markets during April-July of the current financial year (FY) because of strong participation from retail investors.
In comparison, foreign portfolio investors (FPIs) bought equities worth Rs 21,000 crore during the period under review.
"We have been witnessing a shift in investment towards equity class as investment avenues like real estate and gold are not doing well," Vidya Bala, head mutual fund research at FundsIndia.Com said.