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  • News From Press MFs turn net buyers; invest Rs 2,476 crore in equities in March

    MFs turn net buyers; invest Rs 2,476 crore in equities in March

    Chetanwala said some signs of consolidation in the market do give opportunities to fund managers to invest in good ideas if they find them attractive.
    Moneycontrol Apr 5, 2021

    Mutual funds invested Rs 2,476 crore in equities in March, making it the first such infusion in 10 months, as consolidation in the market provided investment opportunities to fund managers. Kaushlendra Singh Sengar, founder and CEO at INVEST19, said mutual funds (MFs) inflow in equities will be stagnant in near future. Prior to the inflows, mutual funds (MFs) had been withdrawing money from equities since June 2020, data available with the Securities and Exchange Board of India (Sebi) showed.

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