Prabhudas Lilladhar
Equity Mutual Funds (including ELSS) gained a net inflow of Rs 6,606 cr in December 2018 Net inflows into equity mutual funds declined further by 21.5% from a net inflow of Rs 8,414 cr in November 2018 Net inflows through balanced funds too, remained subdued at Rs 45 cr for December 2018. As a result, mutual fund investments in stocks fell to Rs 2,918 cr in December 2018 against an inflow of Rs 4,896 cr in November 2018. The third tranche of Reliance CPSE ETF garnered as much as Rs 17,000 cr. Fund houses invested a large proportion of their assets in Large-cap^ stocks. Bulk of the assets (Rs 5,800* cr) was invested in Large Caps. Mid Caps^ faced a net outflow of approximately Rs1,500 cr in December 2018, while small cap stocks faced an outflow of about Rs 620 cr in the month....
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