AMFI reports outflow of Rs. 260 crore in Fixed Term Plans
Dec 12 2019
News Category: Industry Update
According to the monthly data released by Association of Mutual Funds in India, Fixed Term Plans accounted for Rs. 259.77 crore in outflows in Nov 2019 compared with Rs. 382.39 crore in the prior month. The category saw fresh purchases of Rs. 190.82 crore in Nov relative to Rs. 173.94 crore in the prior month. The net assets under management for FTP stood at Rs. 1.38 lakh crore.