It is a fact that apart from individuals many large companies and banks invest in MFs. Investments during 2000-01 in MF units (including UTI) by 4,752 companies and banks covered in the Prowess corporate database of CMIE worked out to almost 16,700 crores. Though direct comparisons are not appropriate, this amount is equivalent to about two-thirds of total value of MF investments covered in Table-V. The amount covered in Table-V is also very close to the share of equity in net assets of MFs arrived by us. In a sense, quite a high proportion of.
