TechnoclinicTechnoclinic
  • Home
  • APPS
  • CAMERAS
    • PRINTERS
  • GAMING
    • LAPTOPS
  • HDTV
  • NEWS
  • PHONES
    • TABLETS
  • REVIEWS
  • SOFTWARE
  • Contact Us!
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Equity MF Inflows Hit 20-Month Low of Rs 2,914 Crore in January
Share
Sign In
Aa
TechnoclinicTechnoclinic
Aa
Search
  • Home
  • APPS
  • CAMERAS
    • PRINTERS
  • GAMING
    • LAPTOPS
  • HDTV
  • NEWS
  • PHONES
    • TABLETS
  • REVIEWS
  • SOFTWARE
  • Contact Us!
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Technoclinic > NEWS > Equity MF Inflows Hit 20-Month Low of Rs 2,914 Crore in January
NEWS

Equity MF Inflows Hit 20-Month Low of Rs 2,914 Crore in January

srijita
Last updated: 2016/02/10 at 9:58 AM
srijita
Share
SHARE
Equity MF Inflows Hit 20-Month Low of Rs 2,914 Crore in January

New Delhi: Equity mutual funds witnessed in January inflows worth Rs 2,914 crore, the lowest level in the last 20 months, mainly on account of weakness in stock markets and appreciation in gold prices, says a report.

This was the second successive month when the flows for local equity mutual funds.

According to a Deutsche Bank research report, equity MFs saw an average monthly inflow of Rs 7,550 crore in 2015.

“Continuing issuance of tax-free bonds (Rs 3,427 crore), appreciation in gold prices and weakness in mid-cap index are likely factors impacting inflows into local MFs,” it said.

While, the report maintained its faith in “long term structural trend of further equitisation of household savings,” but expects few tactical challenges for inflows into local MFs.

The global brokerage firm noted that despite moderation in inflows, local MFs continued to be biggest institutional investors in January.

MFs made a net investment of $1.1 billion in stock markets, highest monthly investments since September 15.

Besides, Domestic Institutional Investors (DIIs), ex-MFs, were also big buyers and purchased shares to the tune of $822 million. They together offset FII net selling of $1.7 billion.

“If current trend (the moderation in inflow) persists, we believe that domestic MFs may not remain biggest institutional buyer of Indian equities in the near term,” the report said.

Meanwhile, the 30-share benchmark index Sensex plunged by nearly five per cent last month.

[“source-ndtv”]

TAGGED: 20-Month, 2914, Crore, Equity, Hit, in, Inflows, January, Low, MF, of, Rs

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
srijita February 9, 2016
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article PFS Q3 Net Rises 27% to Rs 69 Crore
Next Article MOIL December Quarter Net Plunges 88%

Latest News

How to Prepare for the Mandatory Windows 11 Upgrade
LAPTOPS
How to Clean Your Flat-Screen TV The Right Way
HDTV
AI and Content Management: How Organizations Can Prepare for the Future
SOFTWARE
What is Application Software: Function and Features of Application
APPS
Case Study: Nissan and Teads’ Immersive Concept Car Campaign Transformed Scrolls into Stories
NEWS
Review of Hootsuite: Advantages, Drawbacks, Features, and Other Options
REVIEWS

Most Viewed Posts

  • Bengaluru Lady Turns Blinkit Conveyance Specialist For A Day And Her Choice Prompted Significant Changes In Application (1,231)
  • Choosing the Right Tablet for Blogging and Writing On the Go (1,152)
  • How to Start a Product Review Blog (Templates & Examples) (1,100)
  • How To Start A Review Blog and Get Free Review Products (1,087)
  • What You Need to Know About Smartphones vs. Tablet use of the Mobile Internet (1,066)

© 2023 TechnoClinic Network. TechnoClinic Company. All Rights Reserved.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?