Tuesday, 5 May 2015

Fund houses buy equity shares worth Rs. 7,618 cr in April

Fund managers had offloaded funds worth Rs. 2,698 crore from markets in April 2014 

Mutual fund houses have invested funds worth Rs. 7,618 crore in stock markets in April this year, according to SEBI data.

On the other hand, fund managers had offloaded funds worth Rs. 2,698 crore from markets in April 2014.

In addition, fund managers invested Rs. 28,650 crore in debt markets last month.
The huge inflows also helped the MF industry reach around Rs. 12 trillion mark in assets under management (AUM) at the end of the financial year.

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