The 'buy on dips' strategy continues to be the mantra of India's equity mutual fund managers. Flush with cash, domestic fund managers continued to be strong buyers, even as foreign institutional investors (FIIs) cashed out. According to statistics available with the Securities and Exchange Board of India (Sebi), fund managers have already pumped over Rs 9,000 crore into stocks so far this month.
I have Rs 12 lakh in surplus. Should I prepay my home loan or invest for monthly income of Rs 25-30k?
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