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MFs remained bullish, invested over Rs 1 lakh cr in stocks in 2017

FPIs have infused close to Rs 50,000 crore this year after putting in over Rs 20,500 crore last year and nearly Rs 18,000 crore in 2015

PTI 

Domestic mutual funds pumped in a staggering over Rs 1 lakh crore in the stock market during 2017 and remain bullish in the New Year to maximise the returns for investors.

Mutual funds invested Rs 1.2 lakh crore in equities in 2017, much higher than over Rs 48,000 crore infused last year and more than Rs 70,000 crore pumped in during 2015, latest data with the Securities and Exchange Board of India (Sebi) showed. "We are seeing a clear shift in preference for financial assets over physical assets such as real estate and gold, which is likely to continue ...

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First Published: Sun, December 31 2017. 16:00 IST
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