financetom
Personal Finance
financetom
/
Personal Finance
/
Equity mutual funds log Rs 10,585 crore inflow in July
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Equity mutual funds log Rs 10,585 crore inflow in July
Aug 8, 2018 2:10 AM

Investors have pumped in Rs 10,585 crore in equity mutual funds in July, up 28 percent month-on-month. This is much higher than Rs 8,237 crore inflow seen in such schemes in March. The fund failed to match Rs 12,070 crore in May and Rs 12,409 crore in April.

Share Market Live

NSE

The equity ETF (exchange-traded funds) saw a decline last month. The inflow to ETF slumped to Rs 3,982 crore in July from Rs 8,313 crore in June. But the fund fared better than May which saw an inflow of Rs 2,694.

Inflow into balanced funds declined for the third month in a row—the longest streak since April 2016. It declined 81 percent (month-on-month) to Rs 287 crore in July compared with Rs 1,482 crore in June.

The Inflow of fund into equity schemes was down by 48 percent against the 2018 average of 10.5 percent, the inflow of fund into balanced schemes was down by 97 percent against this year's average of 93 percent.

First Published:Aug 8, 2018 11:10 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Research Alert: CFRA Lowers Opinion On Shares Of Stellantis N.v. To Hold From Buy
Research Alert: CFRA Lowers Opinion On Shares Of Stellantis N.v. To Hold From Buy
Mar 22, 2024
08:25 AM EDT, 03/22/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We increase our 12-month target by $2 to $30, based on a '25 P/E of 4.7x, a justified premium to its historical average forward P/E of 4.3x. Our estimates are...
Research Alert: CFRA Lowers Opinion On Shares Of Stellantis N.v. To Hold From Buy
Research Alert: CFRA Lowers Opinion On Shares Of Stellantis N.v. To Hold From Buy
Mar 22, 2024
08:30 AM EDT, 03/22/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We increase our 12-month target by $2 to $30, based on a '25 P/E of 4.7x, a justified premium to its historical average forward P/E of 4.3x. Our estimates are...
Research Alert: CFRA Raises Opinion On Shares Of Lululemon Athletica To Strong Buy From Buy
Research Alert: CFRA Raises Opinion On Shares Of Lululemon Athletica To Strong Buy From Buy
Mar 22, 2024
08:15 AM EDT, 03/22/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: We maintain our 12-month price target of $550, based on 37.9x our FY 25 (Jan.) EPS estimate and below the company's 5-year average forward P/E multiple of 42.7x. We maintain...
Research Alert: CFRA Maintains Buy Opinion On Shares Of Apple Inc.
Research Alert: CFRA Maintains Buy Opinion On Shares Of Apple Inc.
Mar 22, 2024
08:20 AM EDT, 03/22/2024 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: The U.S. is suing AAPL, accusing it of monopolizing the smartphone market by citing that AAPL makes it difficult for competitors to integrate with the iPhone, thus raising prices and...
Copyright 2023-2024 - www.financetom.com All Rights Reserved