Often heavy buying by mutual funds (MFs) gets highlighted. But it is the individual investors who provide the firepower to domestic fund managers. Equity MFs have not seen a single month of net outflows in the past year.
Since March 2021, investors have poured Rs 1.45 trillion into equity-oriented MF schemes. And, there have been months when flows have exceeded $3 billion. Further, inflows through the so-called systematic investment plan (SIP) route have been consistently above Rs 10,000 crore since September 2021. Consequently, in the past 12 months, inflows of Rs 1.2 trillion have ...
