News From Press Mutual fund investments in stocks at Rs 5,000 crore in April

Mutual fund investments in stocks at Rs 5,000 crore in April

Source: Economic Times Apr 22, 2017

Mutual fund managers have purchased stocks worth close to Rs 5,000 crore in this month so far on sustained participation by retail investors.

This comes on the top of over Rs 51,000 crore investment in stocks in 2016-17 financial year.

Fund houses are upbeat over the industry's performance in the new fiscal while expecting investment from new investors to fuel the growth of the sector.

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