 |
| Capitalstars Investment Advisor |
SINGAPORE :
Inflows into Indian equity funds shrunk to the lowest in more than three years last month as some investors exited after the nation’s $2.1 trillion markets powered to a record despite a faltering economy.
Stock plans received 13.1 billion rupees ($184 million) in November, according to the Association of Mutual Funds in India. The flow compares with 60 billion received in October and is the smallest since June 2016.
Here’s what the top three asset managers bought and sold:
HDFC Mutual Fund :
India’s largest money manager held $21 billion in equities, with financials accounting for 34% of stock assets followed by industrial companies at 13%.
ICICI Prudential Mutual Fund
The money manager held equity assets of $20 billion, with financials making up 28% of assets followed by materials at 9%.
SBI Funds Management
The fund house held about $26 billion in more than 300 stocks. Financials made up about 42% of assets, followed by energy at 9.4%.
We will be happy to help you to select your mutual fund plan. Get more details here: Mcx Tips, Derivative-Free Trial, Stock tips Call on:9977499927
Capitalstars is a SEBI registered investment advisor. Schedule a call with Capitalstars investment consultant or drop a mail at backoffice@capiltalstars.in and we will get in touch with you. You may also call us on 9977499927
Investment trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance. CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
For more details call on 9977499927 or visit our website www.capitalstars.com
