Mutual funds' share in total m-cap at new high
Domestic mutual funds now account for a record 4.5% of India’s total market capitalisation (m-cap), up from 2.9% two years ago, with inflows into equity schemes totalling ₹1.75 lakh crore since May 2014. The rise comes amid increasing stock prices, and positive performance by fund managers, analysts said. Further, foreign institutional investors' share of India's m-cap stood at 20%. 