India’s mom-and-pop investors topped up their equity investments in July, even as US tariffs-related concerns triggered one of the worst market selloffs this year.
Stocks dedicated mutual funds in India, which get bulk of their flows from individual investors, pulled in a record net 427 billion rupees ($4.9 billion), data from the Association of Mutual Funds in India show. Flows into monthly recurring investments plans stood at about 285 billion rupees.
The 53rd straight month of net inflows not only underscores retail investors’ faith in the long term prospects of local shares, but also shows their ability to bet ...
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