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  • News From Press Mutual funds set to turn net sellers of equities after 6 years of buying

    Mutual funds set to turn net sellers of equities after 6 years of buying

    On a year-to-date basis, domestic funds have offloaded equities worth more than Rs 20,000 crore.
    BS Dec 2, 2020

    Mutual funds (MFs), for the first time in seven calendar years, are set to be net sellers of Indian equities. They sold equities worth over Rs 22,000 crore in November — the sixth straight month of net selling. On a year-to-date basis, domestic funds are now net-sellers to the tune of more than Rs 20,000 crore.

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