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Mutual Fund News

Mutual funds have bought stocks worth a net Rs 1208.51 crore on 29 December 2017, compared with net outflow of Rs 389.89 crore on 28 December 2017. The net inflow of Rs 1208.51 crore on 29 December 2017 was a result of gross purchases of Rs 3577.02 crore and gross sales of Rs 2368.51 crore. On 29 December 2017, the Sensex gained 208.80 points or 0.62% to settle at 34,056.83, a record closing high.

Mutual funds have bought shares worth a net Rs 8333.30 crore in December 2017. They had purchased shares worth a net Rs 12080.10 crore in November 2017.

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* Equity - Returns upto 1 year are absolute and over 1 year are CAGR.
* Debt - Returns upto 1 year are annualised and over 1 year are CAGR.



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