FPIs, MFs pump in over Rs 97,000 crore in stock markets in six months

Investment up three-fold on year-on-year basis

Foreign portfolio investors (FPIs) and domestic mutual funds’ investments in the equity market at Rs 97,705 crore has surged nearly three-fold during the first half (January –June) of current calendar year 2017 (CY17).

While the FPIs have invested Rs 55,908 core during this period, mutual funds have invested Rs 41,797 crore in equities in first half of CY17. Their collective investment is 3.4 times higher as compared to the same period last year when they pumped in a net Rs 28,811 crore, National Securities Depository Limited (NSDL) data show.

The abundant liquidity has taken the benchmark indices – the S&P