LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » Personal Finance News

Equity mutual fund inflows rises to Rs 20,362 crore in August; here's a look at top funds

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Equity mutual fund inflows rises to Rs 20,362 crore in August; here's a look at top funds
Representational Image: Photo: Pixabay
Written By: ZeeBiz WebTeam
Updated: Fri, Sep 08, 2017
05:40 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Mutual Fund NFO: PGIM India Balanced Advantage Fund launched; minimum investment Rs 5000; know last date of offer Mutual Fund NFO: PGIM India Balanced Advantage Fund launched; minimum investment Rs 5000; know last date of offer
Citi on Mutual Funds: UTI AMC is top pick; sector may deliver Healthy (15%) AUM / profit growth likely Citi on Mutual Funds: UTI AMC is top pick; sector may deliver Healthy (15%) AUM / profit growth likely
Mutual Funds: AUM, net inflows, Equity schemes, hybrid schemes to income schemes to gold ETF, IDBI Capital decodes trends Mutual Funds: AUM, net inflows, Equity schemes, hybrid schemes to income schemes to gold ETF, IDBI Capital decodes trends
Equity Mutual Funds AUM up for 7th consecutive year; net inflows consolidate in CY20 highlights Motilal Oswal Equity Mutual Funds AUM up for 7th consecutive year; net inflows consolidate in CY20 highlights Motilal Oswal
NFO: TRUST MF Banking and PSU Debt Fund, an open-ended debt scheme, launched  NFO: TRUST MF Banking and PSU Debt Fund, an open-ended debt scheme, launched

Domestic markets in the month of August remained highly volatile on the back of strick regulations by Securities and Exchange Board of India (Sebi) and later geo-political tensions added to the plunge. 

The factors dragged equity markets 2% down in the last month. Despite that, the equity mutual funds saw a record inflows of Rs 20,362 crore, while the total assets of the mutual fund industry touched a record high level and crossed the Rs 20 lakh-crore mark last month. 

According to the latest data by Amfi, assets under management of the mutual fund industry as on August 2017 stood at Rs 20.59 lakh crore.

Equity funds are funds that invest in equity stocks/shares of companies. These are considered high-risk funds but also tend to provide high returns. Equity funds can include specialty funds like infrastructure, fast moving consumer goods and banking to name a few. 

Last month, equity mutual funds gave over 7% returns to its investors. Here's a look at the perfformance of top equity mutual funds:

1. Tata IndiaConsumeDP (G): With Net asset value of 16.48, the fund gave a return of 7.24% in one month.

2. AdityaBSL GlobalCoDP (G): With NAV of 12.65, the fund gave a return of 5.81% in the month of August.

3. Tata RetirSav ProgDP (G): With NAV of 30.09, the fund gave a return of 4.63% in one month.

4. Sahara Power&Natu DP (G): With NAV of 24.49, the fund gave a return of 4.23% in a month. 

5. BOI AXA Tax Advan DP (G): With NAV of 53.87, the fund gave a return of 3.82% in a month.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
mutual fundsEquity Mutual Fundsequity mutual funds inflowsInvestmentsavingsPersonal FinanceMutual Funds performancetop mutual funds
RELATED NEWS
Mutual Fund NFO: PGIM India Balanced Advantage Fund launched; minimum investment Rs 5000; know last date of offer Mutual Fund NFO: PGIM India Balanced Advantage Fund launched; minimum investment Rs 5000; know last date of offer
Citi on Mutual Funds: UTI AMC is top pick; sector may deliver Healthy (15%) AUM / profit growth likely Citi on Mutual Funds: UTI AMC is top pick; sector may deliver Healthy (15%) AUM / profit growth likely
Mutual Funds: AUM, net inflows, Equity schemes, hybrid schemes to income schemes to gold ETF, IDBI Capital decodes trends Mutual Funds: AUM, net inflows, Equity schemes, hybrid schemes to income schemes to gold ETF, IDBI Capital decodes trends
Equity Mutual Funds AUM up for 7th consecutive year; net inflows consolidate in CY20 highlights Motilal Oswal Equity Mutual Funds AUM up for 7th consecutive year; net inflows consolidate in CY20 highlights Motilal Oswal
NFO: TRUST MF Banking and PSU Debt Fund, an open-ended debt scheme, launched  NFO: TRUST MF Banking and PSU Debt Fund, an open-ended debt scheme, launched

LATEST NEWS

Petrol, diesel prices today: Check fuel prices in Delhi, Mumbai, Chennai and Kolkata

AIIMS director, Niti Aayog's member among 1st to get Covid 19 vaccine

World biggest Covid 19 vaccination drive: All you need to know about this mega drive

After Rakesh Jhunjhunwala sells 12 lakh Escorts shares, price falls! What must investors do? Expert reveals

WhatsApp delays new privacy policy by three months amid severe criticism

INSANE 'Master' Box office collection! Vijay’s film opens with thunderous response in UAE; beats Wonder Woman 1984, Tenet

Getting Driving licence made easy! Here is how you can apply for licence in Delhi, UP, MP, Bihar and other states

7th Pay Commission: Apply for 119 Senior Residents posts on aiimsjodhpur.edu.in | Check salary, eligibility and more here

Mid-cap Stock Picks With Anil Singhvi: Buy IRCTC, Trident and Speciality Restaurants shares for good returns

Xiaomi shares fall 10% after US blacklists smartphone maker | Check company's reaction here

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved