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The fact that they were net buyers when foreign portfolio investors sold shares marks a major shift in the way equities are being viewed in India.
Overall, a total of 120 draft documents have been filed with capital markets regulator Sebi to roll out new NFOs in the current fiscal so far.
According to data from the Association of Mutual Funds in India (Amfi), investors have poured in a net of Rs 1,34,564 crore in MF schemes last month.
Don't put all your eggs in one basket, stagger and diversify your investments to continue getting rich dividends.
Equity fund managers deployment in software stocks stood at Rs 31,834 crore in September last year.
Post regulatory approvals, the Japanese company would become the co-sponsor in Reliance Capital Asset Management.
According to data from the Association of Mutual Funds in India (AMFI), investors withdrew a net Rs 77,142 crore in MF schemes last month.
LIC-Nomura MF was the first AMC to get Sebi approval and launched the open-ended G-Sec ETF last December.
MFs have reported net inflows of Rs 53,666 crore in equity schemes in the first six months of 2015-16, helping the industry grow the folio count.
Systematic investment plan not only minimises the risk of losses due to fall in equity markets but also saves you the hassle of timing the markets.