Equity Mutual Funds (including ELSS) gained a net inflow of Rs 6,158 cr in January 2019 Net inflows into equity mutual funds declined further by 7% from a net inflow of Rs 6,606 cr. in December 2018 Balanced funds faced a net outflow of Rs 952 cr. in January 2019, versus an inflow of Rs 45 cr. in the month prior. Despite the slowdown in inflows, Mutual Fund net purchases of stocks moved higher to Rs 6,542 cr. in January 2019, as compared to a buying of Rs 2,919 cr. reported in December 2018. Once again, fund houses invested a large proportion of their assets in Large-cap^ stocks. About 70% of the assets (Rs 5,486* cr) was invested in Large Caps. About 13% of inflows was invested in Mid Caps, amounting to approx. Rs 967 cr. Small cap stocks too were favoured, receiving an inflow of about Rs 1,036 cr in the month....