Mutual Funds buy equity worth Rs 1000 cr in April
Mumbai, Apr 17 (UNI) The domestic Mutual Funds have bought equity worth Rs 1000.74 crore up to April 13 this year as compared to Rs 14305.66 crore during the last financial year.
The Mutual Funds made gross purchases worth Rs 4849.19 crore while their gross sale was worth Rs 3848.45 crore in the month of April so far.
Besides the Foreign Institutional Investors (FIIs), the Mutual Funds have been the major force behind the present bull run in the equity markets where the Bombay Stock Exchange Sensitive Index has crossed the 11,000 mark.
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