The institutional equities assets under management constitute about half of India’s total market capitalisation.
Synopsis
The equity portfolio value of domestic funds rose to ₹27.90 lakh crore in September 2023, data from NSDL show, driven by increased investment by local funds that offset the impact of redemption by foreign funds (FPIs).
ET Intelligence Group: The equity portfolio value of domestic mutual funds has scaled a new high, as local fund managers increased their wagers on stocks to benefit from prices that have cooled off from record levels.The equity portfolio value of domestic funds rose to ₹27.90 lakh crore in September 2023, data from NSDL show, driven by increased investment by local funds that offset the impact of redemption by foreign funds (FPIs). Local funds
BY
ET Bureau
3 mins read, Last Updated:
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