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FPI: Local funds buying takes AUM Vs FPI ratio to a record

November 10, 2023
in Business
Reading Time: 9 mins read
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FPI: Local funds buying takes AUM Vs FPI ratio to a record

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The full worth of equity-related investments of MFs rose by 20% year-on-year to ₹27.4 lakh crore whereas that held by establishments grew by 11% to ₹142 lakh crore.

Synopsis

The three-month rolling cumulative funding of the home mutual funds stood at ₹65,919 crore on the finish of October – the best in 16 months based on information from market regulator Securities and Change Board of India (Sebi). FPIs pulled out ₹27,052 crore from Asia’s third-largest financial system in the course of the interval.

ET Intelligence Group: The ratio of belongings beneath administration (AUM) of home funds to overseas portfolio traders (FPIs) rose to a report 0.52 in October from 0.47 a 12 months in the past amid sustained inflows whilst FPIs have been within the promoting mode.The three-month rolling cumulative funding of the home mutual funds stood at ₹65,919 crore on the finish of October – the best in 16 months based on information from market regulator Securities and Change

BY

ET Bureau

2 minutes learn, Final Up to date:

Nov 10, 2023, 06:25 AM IST

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Tags: AUMBuyingFPIFundslocalRatioRecordtakes
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