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Business News›Markets›Stocks›News›Sustained inflow in local funds helps reduce impact of global market volatility on Indian equities
Sustained inflow in local funds helps reduce impact of global market volatility on Indian equities
Synopsis
Here’s why Indian equities have outperformed emerging market and developed market peers over past 12 months
ET Intelligence Group: The share of the domestic funds in the total equity assets under management (AUM) reached a record high of 50.6% in February 2023, data from NSDL showed. It was around one-third five years ago. A sustained inflow in equity funds has boosted the total share of domestic funds that includes mutual funds, insurance companies, domestic pension funds, and financial institutions. It was Rs 42.9 lakh crore while FPI’s AUM was Rs
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