News From Press Global uncertainties brake equity MFs' investment this month

Global uncertainties brake equity MFs' investment this month

Source: Business Standard Jun 30, 2016

India's equity fund managers have significantly slowed their investment in stocks this month, with the ongoing global uncertainties. However, inflow from investors into funds through systematic investment plans (SIPs) are steady. As of June 27, overall net investment by fund managers in the month has been only Rs 81 crore. It was nearly Rs 7,200 crore in May.

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