MFs see outflow of around Rs. 16,600 crore in Jun 2017
Jul 11 2017
News Category: Industry Update
According to data from the Association of Mutual Funds in India, the mutual fund industry saw an outflow of Rs. 16,592 crore in Jun 2017, compared with an outflow of Rs. 40,711 crore in May 2017. The second consecutive monthly outflow was on account of huge redemption from income and liquid segments.