Mutual funds invest over Rs 2,400 cr in equities in May due to GDP growth
After withdrawing capital from equities in April, mutual funds put in over Rs 2,400 crore in stocks last month, primarily due to robust GDP growth, controlled inflation levels, and balanced liquidity in the economy. Going ahead, stronger inflows from the mutual fund space in equities are expected on positive macro numbers and the current fair value of Nifty, Feroze Azeez, Deputy CEO of Anand Rathi Wealth, said. "Stable GDP growth, low inflation, investor-friendly policies, and global market sentiments... Читать дальше...