Ten bank mutual funds raised 60% of deposits of entire sector in January

Best performer is Bank Hapoalim's Solid Optimum
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The mutual fund industry thrived in January, benefiting from an unusual influx of about NIS 12.2 billion, which hiked the total assets of the funds by 20.3% to NIS 76.1 billion, according to data from Meitav.

However, the data also shows unequal distribution of capital in the industry; it shows ten bank funds, or 1.9% of all the funds available, raised NIS 7.5 billion, or 60% of the total raised by all the funds in January. The top of the list in January is Bank HapoalimContinental's "Solid Optimum", a general bond fund, which raised NIS 1.6 billion.