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Mutual Fund
Commentary
Mutual Fund Roundup Mutual Fund Activity in jul 2016
Indian equity markets registered Rs in Gross Gross Net
positive returns in July 2016. The Crores Purchases Sales Investment
barometer index, S&P BSE Sensex
delivered positive return of 3.90% to 1st Week 1499.50 945.60 553.90
settle at 28051.86 and Nifty 50 gained
4.23% ending the month at 8638.50. 2nd Week 3287.70 3411.00 -123.30
3rd Week 6011.10 6350.10 -339.10
4th Week 6036.60 5814.80 221.70
MF Activity 5th Week 7291.50 7638.40 -347.00
Total 24126.40 24159.90 -33.80
Indian mutual funds turned net sellers
of equities to the tune of Rs 33.80 crore
for the month of July 2016. Highest
selling was recorded in the fifth week
of the month when the fund houses
made total net sell of Rs 347.00 crore
of equities. On the other hand, foreign
institutional investors (FIIs) bought
Rs 12,611.82 crore worth of equities in
July 2016.
8 ARIHANT CAPITAL ยก AUGUST 2016