Strong SIP flows continued in January: 30 large, mid and smallcaps that MFs bought and sold
Updated : February 18, 2019 02:56 PM IST
MF industry assets increased to Rs 23.4 lakh crore in January 2019 from Rs 22.8 lakh core in December 2018 on the back of inflows into liquid funds, it added.
In January, the 30-share BSE Sensex gained half a percent while the Nifty50 fell 0.29 percent. The broader markets underperformed frontliners as the Nifty Midcap and Smallcap indices were down 5 percent each.
Among sectors, pharma was bought by FPIs but sold by MFs. Banks, Industrials, Metals and Autos were sold by FPIs and bought by MFs while both FPIs and MFs bought Energy and Consumer staples in January.