MF investment in equity markets rises to Rs 39,500-cr in H1 2020 on attractive valuations
(WorldNews Business)

New Delhi, Jul 5 (PTI) Mutual funds net invested nearly Rs 39,500 crore in the stock markets in the first six months of 2020, more than four-times the amount infused in the year-ago period, as volatility and correction in the broader markets provided a good investment opportunity for investors. Further, consistent SIP (systematic investment plan) inflows into equity funds gave fund managers a healthy stream of capital to keep buying quality companies, experts said. This comes in the backdrop of the coronavirus pandemic related disruptions, a sharp slowdown in economic activity across the globe and a steep sell-off in equities in March 2020. Overall, mutual funds (MFs) have made a net...