Mutual funds have pumped in over Rs 8,000 crore in equity markets in October, taking the total investment to more than Rs 21,000 crore so far in the current fiscal.
Industry insiders attributed the latest inflow to positive investor sentiment that was boosted after long-stalled GST Constitution Amendment Bill was passed in both houses of the Parliament in August (rpt) August.
According to the data released by Securities and Exchange Board of India (Sebi), mutual fund managers invested a net Rs 8,106 crore in October.