The market rally is increasingly being propelled by desi money . Equity mutual funds (MFs) have started the financial year (2017-18) with a big bang, investing more than twice as much money as their overseas counterparts in the first quarter (Q1) of the current financial year. Net investments by equity MFs stood at around $4.6 billion (Rs 29,708 crore) in April-June, data with markets regulator Sebi showed.
In contrast, foreign institutional investors (FIIs) made net investments of ..
