Kanpur Investment:Retail investors continue to influx, Indian stock funds set a record out of US $ 3 billion
The momentum of retail investments influx into the Indian stocks common fund has no signs of weakening.
According to data released by the Indian Cohabitation Fund Association on Thursday, the ordinary investors in India invested huge sums of money to stock funds in September, up to 245 billion rupees (about 2.9 billion US dollars), and set a monthly record.Assets exceeded $ 37 billion.Earlier in August, the amount invested by SIP was $ 2.8 billion.
Although Indian stock valuations are expensive, people are still willing to invest more wealth from traditional assets such as real estate, bank deposits and gold into the stock market. Some investment institutions say that the high participation of common funds a record highlights the "in the Indian market in the Indian marketStructural trends of savings to stocks.
In the past, the Indian stock market has attracted a large amount of foreign fundsKanpur Investment. However, because global investors have recently turned their focus to other regions (such as India), which has caused a certain amount of external flow pressure on the Indian stock market.However, the increase in capital investment in India’s domestic investors has helped the stock market alleviate the impact of this external funds withdrawal.Lucknow Investment
Hitesh Thakkar, the agent CEO of the Mumbai ITI Kyaltic Fund, said that the domestic investment in India is very optimistic, and now investors understand that the stock market has risen or down, but in the long run, the investment stock market can help them make money, so the common fund is in financial assets in financial assets.The share has been increasing.Jaipur Wealth Management
Hyderabad Stocks