AMFI Reports Launch of 12 schemes in Jun 2019
Jul 12 2019
News Category: Industry Update
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According to the monthly data released by Association of Mutual Funds in India, 12 schemes were launched in Jun 2019. Of this, five schemes were open-ended, which resulted in a fund mobilization of Rs. 1,469 crore, and seven schemes were close ended, which accounted for fund mobilization of Rs. 590 crore. Open-ended launches included Money Market Fund, Ultra Short Duration Fund and Sectoral / Thematic Fund, while close ended launches comprised Fixed Term Plans and Capital Protection Oriented Schemes.

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