Mutual Fund industry increased assets 6 percent to Rs 7.43 lakh crore in June qtr

After 2 quarters of decrease,the average assets maintained through the MF industry increased by six percent to Rs 7.43 lakh-crore, at the same time the nation’s biggest fund house Reliance mutual fund witnessed a fall in its AUM.

The-industry including forty three active players saw an increase in their average-assets under management (AUM) through Rs 42,546 cr or 6.07 percent, according to the information provided by industry body Association-of-Mutual Fund Industry (AMFI).

The mixed average AUM of the forty three fund houses was standing at Rs 7,43,083.91 cr after June 2011, decrease from Rs 7,00,537.7 cr in end March.

At the-end of June, the AUM of-the biggest mutual fund in India Reliance mutual fund saw a drop of Rs 317 cr to Rs 1,01,259.33 cr.

Be Sociable, Share!
Tags: ,

Stock Market Basics For Beginners

When Begins Investing

When Begins Investing [ad name="Banner 468 x 60 Text emage"] The quicker one begins investing the better. By investing very early a person allow investment funds a longer period ...…

Important Share Trading Techniques

Important Share Trading Techniques Share market is one of the buying and selling areas where one can obtain a enormous profit. There are tons of people who earn enormous ...…

The emerging countries(markets)

The emerging countries(markets) The emerging markets (nations) have seen fundamental and structural modifications in their economies and financial markets in the research time period, approximately 1993-2005. Table one ...…

Why India & China Can Be Favorite Destinations For Investments Globally With Reasons

Why India & China Can Be Favorite Destinations For Investments Globally With Reasons India & China, the Asian giants are the only countries in the world to grow more than 8% per annum. China is growing at a ...…

What are Premium Issues?

What are Premium Issues? Most Companies shares have a face value of Rs.10 though not always offer to the public at this price. Companies can offer a stock (share) ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics