Mutual funds log 1st net outflow in 21 months
Mutual funds have pulled out nearly ₹5,196 crore from equity markets between March 1-22, thereby turning net sellers for the first time in 21 months, according to markets regulator Sebi. Overall, mutual funds have pumped in around ₹71,000 crore in the markets this fiscal. Meanwhile, Foreign Portfolio Investors (FPIs) have invested ₹15,664 crore in equities this month.