Mutual funds offload Rs 10,000 cr of shares by mcx operator

Mutual funds dealt shares worth over Rs 10,000 crore during the first 11 calendars month of the most recent fiscal year on kept salvation force per unit area. 
In contrast, they pumped in a staggering Rs 4.43 lakh crore in the debt market during the time period. 

Mutual funds offloaded Rs 10,319 crore of shares in the first 11 months of this fiscal year, according to data with market regulator Securities and Exchange Board of India. 
Fund businesses firm have been net marketers in the equity market since September, while they were net buyers of shares to the tune of Rs 1,607 crore in August. 

Mutual funds sold equities in nine of the first 11 months and were net buyers in May and August. 
The bighearted outflow in equities during this period was in October, when fund businesses firm pulled out Rs 4,018 crore. 

Besides, the quantity of leaves in equity-oriented strategies plunged by more 35 lakh due to volatility in the stock exchange

Mutual funds collect money from investors and buy stocks, admiting IPOs (primary market), and bonds. 

Market players believe that fickle stock exchange, the depreciating rupee and an uncertain interest rate regime were the factors that determined investment flow in the mutual fund industry this fiscal year. 

"During the most recent fiscal, mutual funds have seen a rise in influxes primarily due to gains in debt fund. Nevertheless, equity funds have been facing redemption pressure for some time," a market player noted. 

"Equity fund investors have been withdrawal method at higher levels of the market, indicating their lack of trust in the market's ability to sustain at these levels," he added. 

Nevertheless, analysts are optimistic about equity strategies in 2014 on hopes that a stable government after the general elections will help boost the stock exchange.
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