Equity MF assets as percentage of m-cap highest in 17 years

Equity mutual funds were 5.3% of total m-cap of Indian equities, that is, Rs 133 lakh crore

Record inflows into the equity segment took the assets under management (AUM) of equity mutual funds at the end of August to $111 billion ( Rs 7 lakh crore), 5.3 per cent of the total market capitalisation of Indian equities ( Rs 133 lakh crore). This is the highest level since July 2000, according to Morgan Stanley Investment Management.

August saw inflow of Rs 20,000 crore into equity schemes. It was the 17th consecutive month of positive inflow. The year-to-date inflow tally into equity MFs is Rs 2.2 lakh crore. 

Similarly, equity exchange-traded funds’ (ETFs) assets have risen to a