December 31, 2014 1:32 PM

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Mutual funds pump Rs 23,500 cr into stocks in 2014 as market rallies

Mutual funds pumped in more than 23 thousand five hundred crore rupees in domestic equities in 2014 mainly on account of rally in stock markets. The data released by market regulator SEBI is in sharp contrast to net withdrawals of over 21 thousand crore last year.Industry experts attributed the inflows to improvement in market sentiments and increased participation from retail investors, primarily due to change in the government at the Centre. Fund houses are upbeat about inflows for the next year as equity markets are expected to deliver further. Mutual funds collect money from investors and later invest it into various market segments including stocks and bonds.

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