Mutual Fund Tracker - Equity AUM Up 67% In FY21, First Net Outflows In Seven Years: Motilal Oswal
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Motilal Oswal Report
The Nifty ended FY21 with stellar (71%) returns. The returns look stellar due to the low base of FY20, when the market fell 26%.
The market delivered positive returns in all four quarters of FY21.
Foreign institutional investor flows into equities in FY21 were the highest ever at $37.3 billion, while domestic institutional investor segment saw outflows after five consecutive years of inflows.
Domestic investors have capitalized on the market rally to book profit and rebalance the portfolio as the market continues to achieve new highs, leading to moderation in domestic mutual fund flows.
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