News From Press MF share in NSE cos hits fresh high in Q4

MF share in NSE cos hits fresh high in Q4

Source: Hindu Business Line May 7, 2024

The share of domestic mutual funds (MFs) in companies listed on NSE rose to a fresh all-time high of 8.92 per cent for the quarter ended March, powered by net inflows of ₹81,539 crore during the quarter. Life Insurance Corporation of India’s share rise to 3.75 per cent, lifting the overall share of insurance companies to 5.40 per cent during the quarter, data from primeinfobase.com show. The share of domestic institutional investors rose to 16.05 per cent from 15.96 per cent during the quarter.

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