With a number of Black Swan events jolting Dalal Street, equity mutual fund (MF) schemes got a major thumbs up from retail investors in 2016, thanks mainly to the emergence of systematic investment plans (SIPs) as an alternative investment.
Data available with Sebi showed total inflows to equity mutual funds between April and November stood at Rs 40,706 crore. Over half of the assets of these schemes are held by retail investors.
