In June, the equity assets of funds fell by 17%. See what the managers bought to steady themselves
Last updated: 08-Jul-2024•Research Desk
As we all know by now, June was yet another dismal month for the Indian stock markets. In fact, June turned out to be one of the worst hit months since the markets starting going down in January. The combined equity assets of funds that stood at Rs. 1.22 lakh crore at the end of May, had declined to around Rs. 1 lakh crore in June. While the markets fell by around 18 per cent in the month, the total equity assets of funds declined by 17 per cent.
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