Mutual Funds Pump Rs.23,500 cr in 2014 as Market rallies

New Delhi

Mutual funds pumped in more than 23 thousand five hundred crore rupees
in domestic equities in 2014 mainly on account of rally in stock
markets. The data released by market regulator SEBI is in sharp
contrast to net withdrawals of over 21 thousand crore last year.

Industry experts attributed the inflows to improvement in market
sentiments and increased participation from retail investors,
primarily due to change in the government at the Centre.

Fund houses are upbeat about inflows for the next year as equity
markets are expected to deliver further. Mutual funds collect money
from investors and later invest it into various market segments
including stocks and bonds.