Equity Mutual Funds AUM up for 7th consecutive year; net inflows consolidate in CY20 highlights Motilal Oswal
Equity Mutual Funds AUM: Nifty scored a hat-trick ending 7.8% higher MoM in Dec '20. The Nifty ended CY20 with 15% YoY gains a solid performance in a year ravaged by the COVID-19 pandemic. The index witnessed a spectacular rally in Q2 CY20 (up 24% QoQ) on the back of strong FII inflows and good corporate earnings. While FIIs inflows were at record highs, outflows by DIIs saw fresh highs too.
The index witnessed a spectacular rally in Q2 CY20 (up 24% QoQ) on the back of strong FII inflows and good corporate earnings: Reuters