News From Press Mutual Fund industry rebounds in June

Mutual Fund industry rebounds in June

Source: Economic Times Jul 19, 2018

The mutual fund industry picked up in June with total net inflows of Rs 46,475 crore as against net outflows of Rs 50,000 crore in May, rating agency ICRANSE -1.34 % said.

The main reason behind the change in trend is "liquid/money market category registering an inflow of Rs 52,104 crore in June as against an outflow of Rs 46,724 crore in May," it said in a monthly update.

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