Thursday, June 2, 2011

Mutual funds' net inflow totals Rs 434.70 crore in May 2011

Mutual funds (MFs) bought shares worth a net Rs 82.10 crore on Tuesday, 31 May 2011, compared with an inflow of Rs 151.50 crore on Monday, 30 May 2011.

The net inflow of Rs 82.10 crore on 31 May 2011 was a result of gross purchases Rs 726.40 crore and gross sales Rs 644.30 crore. The BSE Sensex had jumped 271.22 points or 1.49% to settle at 18,503.28 on that day, its highest closing level since 13 May 2011.

MFs bought shares worth a net Rs 434.70 crore in May 2011. Mutual funds had sold equities worth a net Rs 463.70 crore in April 2011.

Source: http://www.adityabirlamoney.com/news/482331/10/22,24/Mutual-Funds-Reports/Mutual-funds-net-inflow-totals-Rs-434-70-crore-in-May-2011



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