Data by primeinfobase show that the share of domestic mutual funds (MFs) in NSE-listed companies touched an all-time high of 8.81% at the end of the December quarter, up from 8.73% as on September 30, powered by a net inflow of ₹58,198 crore.
anc However, the share of Life InsurCorporation of India (LIC) declined to an all-time low of 3.64% as on December 31, from 3.73% as on September 30. This was across 277 entities in which its holding exceeds 1%. According to Pranav Haldea, MD of PRIME Database Group, this was primarily on account of profit booking to take advantage of the bullish markets.
Insurance companies sold a net ₹15,622 crore during the quarter, mostly attributable to LIC as it commands a substantial chunk of investments by insurers in equities (close to 68% share or 13.02 trillion).
Bu hikaye Financial Express Mumbai dergisinin February 08, 2024 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin February 08, 2024 sayısından alınmıştır.
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