With equity mutual funds schemes raking in a record inflows in August 2017 and other sources of institutional funds such as National Pension Scheme (NPS) and Employees Provi-dent Fund Organisation (EPFO) stepping up their investment in equity markets, global financial service major Morgan Stanley said India is in the midst of a domestic liquidity super cycle.
According to the latest data released by Association of Mutual Funds in India (AMFI), the equity mutual fund schemes witnessed a record inflow of `19,515 crore in August taking the total assets under management (AuM) of the industry to Rs 20.59 lakh crore.