Pvt mutual funds report net inflow of Rs. 27,299 cr in Aug

India Infoline News Service | Mumbai |

The market value of assets under management stood at Rs. 7,66,103 crore as on August 30, 2013

During August 2013, mutual funds saw a net inflow of Rs. 23,713 crore as compared to an outflow of Rs. 50,067 crore during July 2013, according to SEBI data.

Private sector mutual funds reported net inflow of Rs. 27,299 crore in August 2013, while public sector mutual funds saw outflow of Rs. 3,586 crore.

In July 2013, private sector mutual funds registered outflows of Rs. 51,625 crore, whereas public sector mutual funds saw inflow of Rs. 1,558 crore.

During the financial year 2013-14 so far, mutual funds net mobilised Rs. 69,252 crore as compared to Rs. 1,53,781 crore mobilized in corresponding period of 2012-13.

The market value of assets under management stood at Rs. 7,66,103 crore as on August 30, 2013 as compared to Rs. 7,60,833 crore as on July 31, 2013, indicating an increase of 0.69 percent.


 

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