MUMBAI: Mutual funds registered an inflow of a staggering Rs 13,610 crore in equities in November, mainly on aggressive buying by fund managers due to a sharp plunge in stock markets.With this, the total funds mobilisation crossed Rs 38,800 crore in stock markets so far in 2016. They invested Rs 3,841 crore in September and Rs 2,717 crore in August.Prior to that, they had pulled out Rs 120 crore from markets in the preceding two months (June-July). They had infused Rs 7,149 crore in equities in May while they withdrew Rs 575 crore and Rs 10,198 crore in April and March, respectively. They had pumped in Rs 13,184 crore in January-February. "Such inflows are possible only when retail investors have participated in large numbers by investing in equity funds, viewing the weakness as opportunity.

Source: Economic Times December 04, 2016 06:41 UTC