BusinessAfter Record Rally, Inflows Into Equity Funds Fall As Investors Reassess
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After Record Rally, Inflows Into Equity Funds Fall As Investors Reassess
Stock plans received Rs 1,310 crore in November, AMFI data shows
That is smallest since June 2016 when equity inflows were Rs 320 crore
Cash from global funds drove a record-breaking rally in India last month
A gush of cash from global funds drove a record-breaking rally in the Sensex and Nifty last month
Inflows into Indian equity funds shrunk to the lowest in more than three years last month after the record-hitting rally in stocks despite a faltering economy gave investors pause.