Domestic mutual funds (MFs) continue to pour money into equity markets even as the frontline benchmark indices are trading near all-time high, with their net flow hitting a record high during the current calendar year 2017 (CY17).
Till September 7 2017, 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 (CY15), they had made a net investment of Rs 72,199 crore in equities. In CY15, MFs reported net inflow of Rs 48,170 crore.