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ICI reports money market mutual fund assets

Taxable government funds increased by $5.29bn, taxable non-government funds increased by $3.54bn, and tax-exempt funds decreased by $1.18bn.

June 28, 2013 3:00 IST | India Infoline News Service

Total money market mutual fund assets increased by $7.66bn to $2.594 trillion for the week ended Wednesday, June 26, the Investment Company Institute reported. Taxable government funds increased by $5.29bn, taxable non-government funds increased by $3.54bn, and tax-exempt funds decreased by $1.18bn.


Assets of Money Market Mutual Funds


Billions of dollars
  6/12/2013 6/19/2013 6/26/2013 Change
Taxable Government 909.17 897.75 903.04 5.29
  Retail 196.97 197.21 198.90 1.70
  Institutional 712.20 700.54 704.14 3.60
Taxable Non-Government 1,440.24 1,426.11 1,429.65 3.54
  Retail 526.31 529.95 533.66 3.72
  Institutional 913.93 896.17 895.99 -0.18
Tax-Exempt 262.49 262.89 261.71 -1.18
  Retail 191.47 191.93 191.26 -0.67
  Institutional 71.02 70.95 70.45 -0.51
Total 2,611.89 2,586.75 2,594.41 7.66
  Retail 914.75 919.09 923.83 4.74
   Institutional 1,697.14 1,667.66 1,670.58 2.92

Retail: Assets of retail money market funds increased by $4.74bn to $923.83bn. Taxable government money market fund assets in the retail category increased by $1.70bn to $198.90bn, taxable non-government money market fund assets increased by $3.72bn to $533.66bn, and tax-exempt fund assets decreased by $670 million to $191.26bn.


Institutional: Assets of institutional money market funds increased by $2.92bn to $1.671 trillion. Among institutional funds, taxable government money market fund assets increased by $3.60bn to $704.14bn, taxable non-government money market fund assets decreased by $180 million to $895.99bn, and tax-exempt fund assets decreased by $510 million to $70.45bn.

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