News From Press Mutual fund investments in stocks hit 5-month high in April

Mutual fund investments in stocks hit 5-month high in April

Source: PTI/Economic Times May 9, 2017

Mutual fund managers net purchased stocks worth close to Rs 10,000 crore in April, making it the highest investment in five months, on sustained participation by retail investors.

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

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