INR 4200 crore attracted by MF in India

Q.  What amount of money was attracted by Mutual Funds in May 2015 in India?
- Published on 18 Jun 15

a. 200 Crore
b. 4200 Crore
c. 7760 Crore
d. 10000 Crore

ANSWER: 4200 Crore
 
Mutual Funds attracted nearly 4,200 Crore rupees in May, taking the total net inflow close to 57,000 crore in the past one year, primarily on account of positive returns from equities. This also marks the 13th consecutive month of net inflows by mutual fund houses into the stock markets. According to data released by capital market regulator Sebi, the money in equities started coming in from the second half of May 2014, after the announcement of General Election's verdict and the momentum has continued till date.

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