Page 8 - 1964_Value Plus SEP 2016
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Mutual Fund
Commentary
Mutual Fund Roundup Mutual Fund Activity in aug 2016
Indian equity markets registered Rs in Gross Gross Net
positive returns in August 2016. The Crores Purchases Sales Investment
barometer index, S&P BSE Sensex
delivered positive return of 1.43% to 1st Week 6574.20 6070.50 503.80
settle at 28452.17 and Nifty 50 gained
1.71% ending the month at 8786.20. 2nd Week 5481.80 6342.60 -860.70
MF Activity 3rd Week 5335.70 4873.70 461.90
Indian mutual funds turned net buyers 4th Week 6957.10 6128.80 828.40
of equities to the tune of Rs 2,717.00
crore for the month of August 2016. 5th Week 5374.10 3590.40 1783.60
Highest buying was recorded in the
fifth week of the month when the Total 29722.90 27006.00 2717.00
fund houses made total net buy of
Rs 1,783.60 crore of equities. On the
other hand, foreign institutional
investors (FIIs) bought Rs 9,071.30 crore
worth of equities in August 2016.
8 ARIHANT CAPITAL ยก SEPTEMBER 2016