All Rights Reserved Finance News 2020.
Monthly gross selling by domestic funds at a record high in October
ET Intelligence Group: The gross outflow of the domestic mutual funds in the secondary market rose to a record high of Rs 1.1 lakh crore in October 2021, the information from SEBI showed. In addition, the three-month rolling gross sales surpassed Rs 1 lakh crore at the end of the month reflecting rising redemption pressure. The gross outflow captures the equity exposure of domestic funds including equity, index, ETFs and balanced funds. The extent of