News From Press Mutual funds' equity bets touch record Rs 1.73 trillion in FY23

Mutual funds' equity bets touch record Rs 1.73 trillion in FY23

Source: Business Standard Apr 8, 2023

Mutual funds (MFs) invested a record Rs 1.73 trillion in equities in the financial year 2022-23 (FY23), providing strong support to the Indian markets at a time when foreign investors were redeeming their holdings. They exceeded the previous high of nearly Rs 1.72 trillion investment in equities in FY22.

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