Mutual Funds turned net buyers for 16 straight months and reproduced below is a table - Mutual Funds' net inflow and Sensex Returns from the Business Standard
|
Mutual funds net inflow
|
Sensex return
|
|
|
Month
|
Rs Crore
|
%
|
|
May-14
|
106
|
8.03
|
|
Jun-14
|
3,251
|
4.94
|
|
Jul-14
|
5,081
|
1.89
|
|
Aug-14
|
6,958
|
2.87
|
|
Sep-14
|
4,342
|
-0.03
|
|
Oct-14
|
5,940
|
4.64
|
|
Nov-14
|
1,677
|
2.97
|
|
Dec-14
|
6,229
|
-4.16
|
|
Jan-15
|
879
|
6.12
|
|
Feb-15
|
4,309
|
0.61
|
|
Mar-15
|
3,940
|
-4.78
|
|
Apr-15
|
9,244
|
-3.38
|
|
May-15
|
4,177
|
3.03
|
|
Jun-15
|
10,320
|
-0.17
|
|
Jul-15
|
4,800
|
1.2
|
|
Aug-15
|
10,017
|
-6.51
|
|
|
|
|
|
|
|
|
Major Corrections are part and parcel of Bull Market. Jury is still out if this is a Major correction or Start of the Bear market. Either way this damage is more self-inflicted one with both the Ruling and Opposition parties more worried about winning the Next State elections , even if it means the country goes to dogs due to opportunities lost!!!!
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