Despite negative trend in the market this past July, Mu. The positive attitude of the fund

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Ahmedabad. August 20, 2019, Tuesday

Even during the stock market's volatility move, foreign investors were away from the market during July, while mutual funds raised equity worth Rs. More than 2 crore have been invested.

The July mass spread behind various adverse reports was the worst for the stock market in the last three years. Implementing a superyacht surcharge on foreign portfolio investors, he saw a sharp retreat in the Indian market with huge withdrawal of funds.

However, in the midst of hostile environment, in July, local bodies raised Rs. A new purchase of 2 crore was made. This figure is the largest since October 1.

On the other hand, during this time Mu. Funds have an equity of Rs. An investment of Rs. In the proposed time, the new investment flows in equity funds increased by 5% to Rs. 1 crore was reached. While in Sip Rs. A total of Rs 1 crore was funded.

During this time, mutual funds also sold several stocks of largecap, midcap and smallcap stocks included in their portfolio. However, despite the negative trend in the overall market, mutual funds have taken a positive stand.


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