"Indian mutual funds (MFs) total assets under management (AUM) crossed the magical Rs 5 lakh crore mark at the end of October.
But with the Sensex at the 20,000 levels, market insiders say that very little fresh money has come in from that set of investors whom fund houses have been diligently trying to target: retail."
This news shows that although FIIs are pouring in money, Retail investors are booking profits and staying away from investing further.
Ultimately FIIs are benefiting more while most of retail investors stay out of the race. I think the concept of long -term investing and it's benefits needs to precipitate further.