There was a huge investment in mutual funds in the month of July. A total investment of Rs 22583 crore came in the equity fund. In June, only Rs 5988 crore came in the equity fund.
AMFI gave information about investment.
Equity mutual fund schemes have received a net investment of Rs 22,583 crore in July. This is the fifth consecutive month that investment inflows into equity mutual funds have been positive. During this period, the Flexi-Cap category received the maximum exposure. This information has been received from the data of Association of Mutual Funds in India (AMFI).
In June, the net investment in equity mutual funds stood at Rs 5,988 crore. Earlier, a net investment of Rs 10,083 crore came in equity schemes in May, Rs 3,437 crore in April and Rs 9,115 crore in March. At the same time, before March, there was a continuous withdrawal from equity schemes during July, 2020 to February, 2021. The assets under management (AUM) of the mutual fund industry touched an all-time high of Rs 35.32 lakh crore at the end of July, from Rs 33.67 lakh crore at the end of June, driven by good inflows into equity schemes.
22,583.52 crore investment came
According to the data, in July, an investment of Rs 22,583.52 crore came in equity and equity-linked continuous open schemes. Barring equity linked savings schemes (ELSS) and value funds, all equity schemes saw investments in July. However, there was a withdrawal of Rs 512 crore from ELSS and Rs 462 crore from Value Fund during the month.
FPI put 1210 crores in the stock market
Here, foreign portfolio investors (FPIs) poured Rs 1,210 crore into the Indian markets in the first five trading sessions of August. According to depository data, during August 2-6, FPIs have invested Rs 975 crore in shares. His investment in the debt or bond market has been Rs 235 crore. In this way his net investment has been Rs 1,210 crore. In July, FPIs had withdrawn Rs 7,273 crore.
Also read: Put 10 thousand rupees in this scheme of Post Office, after 5 years you will get 7 lakhs
Also read, On the first day of the week, there was a slight rise in the stock market, Sensex closed beyond 54400
(language input)
.