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Mutual Fund |
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Assets Under management as on 28th Feb 2010 |
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| Assets Under management as on 28th Feb 2010
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| Asset under management of mutual fund industry for the month of February 2010 augmented by meager 1.08% to Rs. 7,66,869 crores compared to Rs. 7,58,712 crores in the prior month. The industry has seen growth for the second consecutive month led by the strong sentiments of the investors in the market & investments by banks & corporate. The total assets of income funds stood at Rs. 4,76,384 crores (up by 1.21%) while liquid funds went up to Rs. 73,030 crores (up by 2.14%). Mutual Funds were net sellers of Rs 697.40 crore in the equity market and net buyer of Rs 11,973.60 crore in debt market. The MF industry recorded the net inflow of Rs. 6,365 crores in February 2010 against net inflow of Rs 97,242 crore in January 2010.
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