1 min read.Updated: 13 Nov 2019, 12:30 PM ISTAmeya Karve, Bloomberg
HDFC Mutual Fund held about $22 billion in equities
Financials accounted for 34% of stock assets
Inflows into Indian stock funds declined to the lowest since May even as the $2.1 trillion equity market rose for the second straight month in October. Equity mutual funds received ₹6,020 crore ($844 million) last month, according to the Association of Mutual Funds in India. That’s 9% less than what they got in September and the smallest inflow since May.
Recommended For You
Select your Category
Internet Not Available
Wait for it…
Log in to our website to save your bookmarks. It'll just take a moment.