During the downfall of stock market mutual funds (MFs) sold shares worth a net Rs 304.80 crore on 14 Nov 2008, as compared to their outflow of Rs 59.70 crore on 12 Nov 2008. MFs' net outflow of Rs 304.80 crore on 14 Nov 2008 was a result of gross purchases Rs 315.50 crore and gross sales Rs 620.30 crore. The BSE Sensex lost 150.91 points or nearly 1.58% at 9,385.42 on that day. Further, MFs were net sellers of shares worth Rs 931.70 crore in this month, till 14 Nov 2008.
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