Oct records best net MF inflows in six months
5 Dec 2012 4:50 AM IST
Investors pumped in nearly Rs 47,000 crore in various mutual funds during October, making it the highest net inflow in six months, after a net outflow in the previous month.
At gross level, mutual funds mobilised a total amount of Rs 5,92,871 crore, while there were redemption worth Rs 5,46,151 crore as well – resulting into a net inflow of Rs 46,720 crore, as per the latest data available with Sebi. This was the highest monthly net inflow since April, when investors had poured in Rs 92,746 crore in mutual fund schemes. There were net outflows of Rs 51,907 crore in September.
However, investments made by mutual funds into the secondary stock market fell sharply in October to Rs 14,478 crore, from Rs 46,911 crore in the previous months.
The mutual funds collect money from investors and later invest the same into various market segments.
At gross level, mutual funds mobilised a total amount of Rs 5,92,871 crore, while there were redemption worth Rs 5,46,151 crore as well – resulting into a net inflow of Rs 46,720 crore, as per the latest data available with Sebi. This was the highest monthly net inflow since April, when investors had poured in Rs 92,746 crore in mutual fund schemes. There were net outflows of Rs 51,907 crore in September.
However, investments made by mutual funds into the secondary stock market fell sharply in October to Rs 14,478 crore, from Rs 46,911 crore in the previous months.
The mutual funds collect money from investors and later invest the same into various market segments.
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