• ‘Mega Shopping’ of Mutual Funds in November


• SIP support and aggressive buying of funds


• Investors’ confidence increased

Mutual Fund: In the month of November, mutual funds have bought heavily in the stock market. In fact, fund houses remained in an aggressive buying position due to good market sentiment and ever-increasing inflows from investors. Despite minor fluctuations in the market, this disciplined strategy of investors is increasing the total assets under management of the industry and also providing stable support to the stock market.

According to the latest Sebi data, mutual funds bought shares worth a total of Rs 43,465 crore in November, more than double the purchase of Rs 20,718 crore in October. Market data showed that fund houses remained buyers for almost the entire month.

In just two days, he withdrew Rs 2.473 crore. This continued strong buying also reflected in the stock market movement and helped the benchmark index rise. However, due to the increase in investments in equities, debt funds saw a huge outflow, in November, fund houses withdrew Rs 72,201 crore from the debt category, while the figure was Rs 12,771 crore in October. That is, after withdrawing money from debt funds, fund houses turned to equity in a big way. This strong domestic investment comes at a time when retail investors are already investing steadily through SIPs.

So, some investors have rushed to gold. Currently, the price of gold and silver is seen going up and down across the country. According to experts, gold prices are likely to skyrocket in the coming year. So some investors want to invest in gold. Also, fund houses are moving towards equities. Investments in SIPs have reached a record level of around Rs 29.529 crore. So, in the month of September, this investment was Rs 29,361 crore. A whopping Rs 72,201 crore was withdrawn from debt funds. So, in two days that figure has reached to Rs 2,473 crore. 20,718 crore was purchased in the month of October.