Finance News
Complete Finance & Business News Journal

Monthly gross selling by domestic funds at a record high in October

11

ET Intelligence Group: The gross outflow of the domestic mutual funds in the secondary market rose to a record high of Rs 1.1 lakh crore in October 2021, the information from SEBI showed. In addition, the three-month rolling gross sales surpassed Rs 1 lakh crore at the end of the month reflecting rising redemption pressure. The gross outflow captures the equity exposure of domestic funds including equity, index, ETFs and balanced funds. The extent of

Get real time updates directly on you device, subscribe now.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Translate »