ICICI Direct: Mutual Fund Activity Report For July 2020
Pedestrians walk past passengers sitting next to an advertisement for the Mutual Funds Sahi Hai campaign by the Association of Mutual Funds in India at a bus stop in Mumbai, Maharashtra. (Photographer: Dhiraj Singh/Bloomberg)

ICICI Direct: Mutual Fund Activity Report For July 2020

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy

ICICI Direct

Inflows into equity funds declined substantially to a four year low of Rs 241 crore in June 2020 from Rs 5,257 crore in May 2020. ICICI Direct believes few investors seem to have used the recent rally to reduce equity exposure amid continued Covid-19 related lockdown.

While SIP inflows moderated, they remained strong at Rs 7927 in June compared to Rs 8123 crore in May

Click on the attachment to read the full report :

IDirect_Mutual Fund Activity Report _Jul20.pdf

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