Record domestic inflows counter FPI pullout, keep market afloat in 2022

Mutual funds' net equity investment in 2022 highest ever at Rs 1.8 trillion; domestic investors as a whole pump in Rs 2.74 trillion

Domestic investors turned saviours for the Indian equity market in 2022 amid aggressive selling by foreign investors. Domestic institutional investors (DIIs), which includes mutual funds, insurance, banks and other entities, together invested a record sum of Rs 2.74 trillion in Indian equities this year (till December 22).

Mutual funds alone pumped in a net of Rs 1.8 trillion into equities, over 2.2 times more than 2021 and also the highest ever, shows data from the Securities and Exchange Board of India (Sebi). Retail investors, who mostly opt for the systematic investment plan (SIP) route for investment in equity mutual funds,