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As Rates Fall, Investors Look for Yield in India

Global money continues to flow into India as the Nifty raised for the 5th consecutive month. The market zoomed to all-time highs on account of strong global cues, earnings boost and expectation of good monsoon. The most important characteristic, however, is the retention of investors’ interest in select scrip’s and the bullish undercurrents ruling the sentiment. The retention and rising investor interest is visible in the surge in mutual funds folios in FY17 as retail investors flocked to equity mutual funds. The lull in gold and real estate is also a reason …

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