AMFI reports outflow of Rs. 3,020 crore in Fixed Term Plans
Nov 13 2019
News Category: Industry Update
According to the monthly data released by Association of Mutual Funds in India, Fixed Term Plans accounted for Rs. 382.39 crore in outflows in Oct 2019 compared with Rs. 3,019.78 crore in the prior month. The category saw fresh purchases of Rs. 173.94 crore in Oct relative to Rs. 92.41 crore in the prior month. The net assets under management for FTP stood at Rs. 1.38 lakh crore.