ETMarkets Fund Manager Talk: Money to largely chase growth rather than a particular market cap segment: Devendra Singhal

"It is a good news that domestic investors are owning more of incremental equity in India than foreigners. The domestic flows are driven by increased flow in mutual funds via lumpsum and SIPs, insurance money, provident fund and National Pension schemes. We expect these flows to increase over the coming months. Also, lack of high yielding return avenues shall drive higher flows into the equity market."