Mutual funds' net investment in Indian equity market has declined to its lowest in over one-and-a-half years amid global headwinds.
The net investment by mutual funds into the Indian equity market has significantly cooled, with the deployment coming down to Rs 13,458.85 crore in March, the lowest since July 2023.
The previous record-low deployment was seen in July 2023, at Rs 7,707 crore. Since then, it has been over Rs 15,000 crore.
The recent decline is likely based on the fall in the broader markets. This headwinds that were coming in from geopolitical changes and shifts had a direct impact on the markets back home as well.