MFs invest Rs. 3,340 cr in equity in June

India Infoline News Service | Mumbai |

Mutual Funds invested Rs. 67,868 crore in debt market in June 2014 as against Rs. 50,680 crore invested in May 2014.

Mutual funds made net investment of Rs. 71,208 crore in the secondary market in June 2014 compared to net investment of Rs. 50,786 crore in May 2014.
Mutual funds invested Rs. 3,340 crore in equity in June 2014 compared to Rs. 106 crore invested in May 2014. Further, Mutual Funds invested Rs. 67,868 crore in debt market in June 2014 as against Rs. 50,680 crore invested in May 2014.
As on June 30, 2014 there were a total of 1,819 schemes under mutual funds of which Income / Debt oriented schemes were 1,343 (73.8 percent), Growth/equity oriented schemes were 378 (20.8 percent), Exchange Traded Funds were 42 schemes (2.3 percent), Balanced schemes were 26 (1.5 percent) and Fund of Funds investing Overseas schemes were 29 (1.6 percent).
The number of schemes at the end of 2013-14 were 1,638 of which Income/Debt oriented schemes were 1,178 (71.9 percent), Growth/equity oriented schemes were 363(22.2 percent), Exchange Traded Funds were 40 schemes(2.4 percent), Balanced schemes were 30(1.8 percent) and Fund of Funds investing Overseas schemes were 27(1.6 percent).
 

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