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Mutual funds invested Rs 5,234 crores in stocks last month

Mutual funds invested Rs 5,234 crores in stocks last month

Monday, February 6, 2017, 3:10 PM

Mutual fund managers purchased stocks worth Rs 5,234 crores on net basis in January, making it the sixth straight monthly inflow, after retail investors continued to put money in equity schemes. Fund managers are putting money in the stock market since August last year, after a sharp plunge in equities. Fund managers invested over Rs 31,000 crores in the debt market last month.
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