News From Press Mutual funds invest Rs 2,700 cr in stock market in August

Mutual funds invest Rs 2,700 cr in stock market in August

Source: Economic Times Sep 6, 2016

Mutual fund managers pumped in over Rs 2,700 crore in equity markets in August after witnessing outflows in the preceding two months.

With latest inflow, total investment in stock markets have reached Rs 9,170 crore in current fiscal so far (Apr-Aug).

Industry insiders attributed latest inflow to positive investors' sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in both houses of Parliament last month.
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