![At record Rs 48k cr, local MF equity bets 4X monthly average in 2 yrs](https://img.etimg.com/thumb/msid-110888141,width-300,height-225,imgsize-53776,resizemode-75/at-record-rs-48k-cr-local-mf-equity-bets-4x-monthly-average-in-2-yrs.jpg)
The gross buying by mutual funds in May was at a record ₹2.5 lakh crore, taking the gross buy-to-sale ratio to 1.23 compared with the long-term average of 1.07.
According to the data from NSDL, the equity portfolio value of domestic mutual funds grew by 52% year-on-year to ₹37.4 lakh crore in May. For the overall institutional equity portfolio, it rose by 37% to ₹180.9 lakh crore. The share of domestic mutual funds in the overall assets under management (AUM) of institutional equities rose to 20.7% compared with 18.6% a year ago.
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