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    Local funds keep shopping despite market volatility

    Synopsis

    The domestic funds invested net Rs 32,823 crore in April 2024 taking the total investment in the current calendar year to Rs 1.2 lakh crore, which was about 68% of the total investment in the previous year.

    ET Intelligence Group: Domestic institutions are firming their grip on Indian equities with record investments. The six-month rolling cumulative investments by the local funds rose to 1.6 lakh crore at the end of April 2024, data from SEBI showed. The previous high was 1.5 lakh crore in May 2022. The data captures all equity related investments by local funds that includes equity funds, balance funds, equity index funds, and arbitrage
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    The Economic Times