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Retail investors pouring Rs 4,000 crore a month in mutual funds

FIIs have invested roughly Rs 50,000 crore over the past five months

Virendra Singh Rawat  |  Lucknow 

Against the backdrop of improving sentiment and the equity markets hitting highs, the domestic retail investors have been investing nearly Rs 4,000 crore a month in various mutual fund instruments. “The equity sentiment has been positive in India and retail investors have been bullish in their investment decisions, especially in systematic investment plan (SIPs),” Principal PNB Asset Management Company Chief Investment Officer Rajat Jain told Business Standard. SIP is a periodic investment vehicle which allows retail investors to put their money in small amounts ...

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First Published: Thu, May 25 2017. 19:48 IST
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