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Mutual funds infuse Rs 1.3 trillion into Indian equities in 2024 (strong market performance)
The Business Guardian
|May 21, 2024
Mutual funds (MFs) have demonstrated strong confidence in Indian equities throughout 2024, injecting approximately Rs 1.3 trillion into the market.
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This surge in investment has been primarily driven by significant retail investor interest and the robust performance of the stock market. Trivesh D, COO of Tradejini, noted that mutual funds, which manage long-term wealth for domestic investors, focus on the underlying growth potential of the Indian market. This perspective allows them to remain less affected by short-term events such as elections, enabling continued investment in equities.
Dit verhaal komt uit de May 21, 2024-editie van The Business Guardian.
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