Equity mutual funds (MFs) have proved to be a good source of sticky money for the stock markets. The average holding period for retail investors in equity mutual funds is more than 24 months in 55.3 per cent cases. The proportion improved from 48.7 per cent a year ago.
The stellar run in stock prices and improved awareness has led to an increase in holding period for investors, say industry players.
The data from the Association of Mutual Funds in India (Amfi) shows of total retail equity assets worth Rs 6.36 trillion, Rs 3.5 trillion remained with investors for over two years.