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  • News From Press Fund managers managing over Rs 6 lakh cr bet on tech, consumer & private banks in July

    Fund managers managing over Rs 6 lakh cr bet on tech, consumer & private banks in July

    Total AUM of domestic MFs increased 1.2 percent MoM to Rs 24,50,000 crore in July after declining 6.5 percent in June, led by inflows in income and debt-oriented, equity and ETF schemes
    Money Control Aug 16, 2019

    An escalating US-China trade war, India's deteriorating macro health and the Budget proposal of a tax surcharge on super-rich have triggered an incessant outflow of foreign funds from the equity market in July.

     
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