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Mutual funds pump in $11 billion in stocks; plan to remain bullish

Given the sluggish trends in the real estate market and continued fall in gold prices, the mutual fund industry also expect to begin attracting a larger share of the Indian households' savings from this year.

 
 
Industry experts said heightened investor interest has led to a sharp increase in retail folios.
In comparison, equity fund managers' deployment in banking stocks stood at Rs 62,719 crore in October 2014.
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.
 
 
In comparison, Foreign Portfolio Investors (FPIs) made a net investment of just Rs 16,674 crore during the period.
Industry insiders said mutual funds saw an outflow in MF schemes last month mainly on account of huge redemptions in liquid and money market funds.
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.
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