MFs report net inflow of Rs. 49,008 cr in November

India Infoline News Service | Mumbai |

During the financial year 2013-14 so far, mutual funds net mobilised Rs. 1,50,675 crore

During November 2013, mutual funds saw a net inflow of Rs. 49,008 crore as compared to an inflow of Rs. 66,325 crore, according to SEBI (Securities and Exchange Board of India) data.

The private sector mutual fund reported inflow of Rs. 50,167 crore, while public sector mutual fund saw inflow of Rs. 1,160 crore in inflow, the SEBI data added.

Of Rs. 66,325 crore, Rs. 47,215 crore inflow was from private sector mutual funds, while public sector mutual funds saw inflow of Rs. 19,111 crore in November.

During the financial year 2013-14 so far, mutual funds net mobilised Rs. 1,50,675 crore as compared to Rs. 1,61,169 crore mobilized in corresponding period of 2012-13. The market value of assets under management stood at Rs. 8,89,952 crore as on November 30, 2013 as compared to Rs. 8,33,961 crore as on October 31, 2013, indicating an increase of 6.7 percent.


 

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