MFs report net inflow of Rs. 83,533 cr in Jan 2014

India Infoline News Service | Mumbai |

During the financial year 2013-14 so far, mutual funds net mobilised Rs. 1,59,631 crore as compared to Rs. 1,20,269 crore mobilized in corresponding period of 2012-13

During January 2014, mutual funds saw a net inflow of Rs. 83,533 crore (of which Rs. 71,270 crore inflow was from private sector mutual funds while public sector mutual funds saw inflow of Rs. 12,263 crore) as compared to an outflow of Rs. 74,578 crore (of which Rs. 62,002 crore outflow was from private sector mutual funds, while public sector mutual funds saw outflow of Rs. 12,575 crore) in December 2013.
During the financial year 2013-14 so far, mutual funds net mobilised Rs. 1,59,631 crore as compared to Rs. 1,20,269 crore mobilized in corresponding period of 2012-13. The market value of assets under management stood at Rs. 9,03,225 crore as on January 31, 2014 as compared to Rs. 8,25,840 crore as on December 31, 2013, indicating an increase of 9.4 percent.
S&P BSE Sensex closed at 20513.9 on January 31, 2014, as against 21170.7 on December 31, 2013, registering a decrease of 656.8 points (3.1 percent).
During January 2014, Sensex recorded an intraday high of 21409.7on January 23, 2014 and an intraday low of 20343.8 on January 30, 2014.
 

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