Even though mutual funds have been net buyers in the equity segment during calendar year 2018 (CY18) with an investment breaching the Rs 1 trillion mark for the second consecutive year, their flows on a monthly basis have been wavering.
Experts attribute this to the market volatility over the past few months on account of a sliding rupee, rising oil prices, liquidity crisis in non-bank finance companies (NBFCs) and other global factors. The overall investment climate, they say, will not turn around and stabilise in a hurry.
Upcoming state elections that are being seen as a popularity barometer of the