Disqus for www.money99.in

Wednesday 18 February 2015

Investors Pump In Rs 2 Lakh Crore In MF Schemes During Apr-Jan



Total investments in mutual fund schemes in the first 10 months of the current fiscal rose to nearly Rs 2 lakh crore on the back of inflows in equity funds. This was higher than Rs 1.6 lakh crore invested in the same period last fiscal. As per the latest data available with the Securities and Exchange Board of India (Sebi), investors have put in Rs 1,94,820 crore in various mutual fund schemes. Most of the money is being invested in liquid or money fund as well as and equity mutual fund schemes. A staggering Rs 1.14 lakh crore have been infused in liquid or 'money market' schemes and another Rs 56,000 crore pumped in equity schemes. "Since early 2014, equity market sentiment took a turn for the better and we have noticed significant interest from FIIs on the back of expectations from the new government at the Centre. This has led to equity markets adopting a bullish tone," HSBC Global Asset Management  India CEO Puneet Chaddha said. "The growth in equity markets has been noticed by retail investors and since May 2014, we have seen month-on-month positive net sales in equity mutual funds," he added. The addition in equity schemes is in line with BSE's benchmark Sensex surging by 30 per cent in the ten months of the current financial year. This significant level of funds mobilisation has also led to increase in the total assets under management of MFs that surged to Rs 11.81 lakh crore as on January 31, 2015 from Rs 9.03 lakh crore in the year-ago period. MF is an investment vehicle that pools funds from many investors for investing in securities such as stocks, bonds, money market instruments and similar assets.

About

Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

Dear Friends,
Sorry to say that you are suffered for the chart initially available, now they are restored and you can very well see the chart on money99.org similar to money99.in.
And all of you are intimated that we are going to develop more and more in money99.org to facilitate your dreamy demands.

Disqus for www.money99.in

Recent Posts

© Copyright 2015 Money99. Designed by Parag Patil