Investors put Rs 47,000 cr in MFS in Oct

Investors pumped in nearly Rs 47,000 crore in various mutual funds (MFs) during October, making it the highest net inflow in six months, after a net outflow in the previous month, as per the latest data available with market regulator Securities and Exchange Board of India (Sebi).

At gross level, MFs mobilised a total amount of Rs 5,92,871 crore, while there were redemption worth Rs 5,46,151 crore as well, resulting in a net inflow of Rs 46,720 crore, which was the highest monthly net inflow since April when investors had poured in Rs 92,746 crore in mutual fund schemes. There were net outflows of Rs 51,907 crore in September.

However, investments made by MFs in the secondary stock market fell sharply in October to Rs 14,478 crore from Rs 46,911 crore in the earlier months. MFs collect money from investors and later invest the same into various market segments including stocks, IPOs (primary market) and bonds. 

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