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Mutual Fund commentary

Mutual Fund Roundup                             schemes, wherein the maximum investment
Indian Indian equity markets registered         is from retail segment stood at Rs 4.1 crore.
negative returns in November 2016. The          MF Activity
barometer index, S&P BSE Sensex delivered       Indian mutual funds turned net buyers of
negative return of 4.57% to settle at 26652.81  equities to the tune of Rs 13,610.40 crore
and Nifty50 lost 4.65% ending the month at      for the month of November 2016. Highest
8224.50.                                        buying was recorded in the fourth week
                                                of the month when the fund houses made
Meanwhile, the assets under management          total net buy of Rs 4,545.40 crore of equities.
as on 31st Oct, 2016 of Indian Mutual Fund      On the other hand, foreign institutional
industry reached a landmark figure of Rs        investors (FIIs) sold Rs 18,244.25 crore
16.3 lakh crore- the highest so far. The total  worth of equities in November 2016.
number of accounts as on October 31, 2016
stood at Rs 5.13 crore, while the number of
folios under Equity, ELSS and Balanced

Mutual Fund Activity in NOV 2016

Rs in       Gross    Gross        Net
Crores    Purchases  Sales   Investment

1st Week  7,366      5,603   1,763

2nd Week  10,483     8,144   2,339

3rd Week  9,970      6,966   3,003

4th Week  9,623      5,078   4,545

5th Week  5,481      3,521   1,960

Total     42,923     29,312  13,610

                                                8 ARIHANT CAPITAL ยก DECEMBER 2016
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