Mutual funds report net outflow of Rs. 484bn in June 2013

India Infoline News Service | Mumbai |

The private sector mutual funds registered an outflow of Rs. 516.25 billion, while public sector mutual funds saw inflow of Rs. 15.58 billion in June 2013

In June 2013, mutual funds saw a net outflow of Rs. 500.67 billion as compared to a net outflow of Rs. 484.03 billion, according to SEBI (Securities and Exchange Board of India) data.

The private sector mutual funds registered an outflow of Rs. 516.25 billion, while public sector mutual funds saw inflow of Rs. 15.58 billion in June 2013, it added.
During June 2013, private sector mutual funds reported outflow of Rs. 407.21 billion, while public sector mutual funds saw outflow of Rs. 76.82 billion.

During FY13-14 so far, mutual funds net mobilised Rs. 455.39 billion as compared to Rs. 1.33 trillion mobilised in corresponding period of 2012-13.
The market value of assets under management stood at Rs. 7.60 trillion as on July 31, 2013 as compared to Rs. 8.11 trillion as on June 30, 2013, indicating a decrease of 6.2%.

S&P BSE Sensex closed at 19,345.7 on July 31, 2013, as against 19395.81 on June 28, 2013, registering a decrease of 51.1 points (0.3%).

During July 2013, Sensex recorded an intraday high of 20,351.06 on July 23, 2013 and an intraday low of 19126.82 on July 31, 2013.
 

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