Ahmedabad: At this time, the stock market may have retreated from high levels but Bull Run in Dalal Street last year have made equity mutual funds (MFS), one of the most preferred investment option.
Share Market Rally riding along with fresh inflows into mutual funds spread (MFS) of those who seek a better return, total assets under management (AUM) Equity MFS backed by a sizeable 41 552 Rs.
72 crore in Gujarat in 2021.
According to data collected by the Association of mutual funds in India (Amfi), the AUM of Equity MFS jumped from Rs 92 355.
38 crore in December 2020 to Rs 1.
33 lakh crore in December 2021 – an increase of 45%.
Financial analysts connect the growth in net asset value increase typical investment because the stock market rally coupled with a new influx of people anticipating a good return.
Pent-up demand, the company’s revenue, and the rise in industrial production as well as the overall positive sentiment after the second covid wave causes a stock market index for the rally.
The growth of corporate earnings stock market touched a record high level in the second half of 2021 was primarily driven by corporate earnings that almost reach the top ten.
“Profitability clean the majority of companies Nifty soared an average 50 to 25% from about 7% in previous years,” said Mumukshu Desai, director of Finan-based company in the city.
DESAI added: “With interest rates remaining under the rock, corporates can restructure their debt and paying a large amount of their loans.
This improves their profitability significantly.” The demand for latent demand positive sentiment led to substantial growth for most corporates in quarter third and fourth in 2021, “said Desai.” At the same time, the company’s expansion plans are also taking off.
With a good momentum of corporate earnings, market indices remain high.
“Moreover, investor confidence in the overall situation Covid-19 remains high without being sturdy during the second wave.
It’s keeping the market sentiment rising, suggest analysts.
With Market Index Holding company, the net asset value typical investment surged dramatically, translating into huge profits for MF investors.