Tag Archives: Equity

Equity MF Investments Fall Over 71% In June Quarter

New Delhi: Investments in mutual fund equity schemes plunged over 71 per cent year-on-year to Rs 9,400 crore in the first quarter of the current fiscal year, largely due to market volatility. In comparison, MFs had witnessed inflows of Rs 32,933 crore in equities during the April-June period of the previous fiscal year (2015-16). According to data from Association of ... Read More »

Shriram EPC Surges 16% On Plan to Convert Debt Into Equity

Shriram EPC approved plan to convert working capital loan into equity shares (Representational image) Shares of Shriram EPC surged as much as 16 per cent to Rs 29.60 today after the company’s board approved the conversion of Rs 1,280 crore working capital loan into equity shares as part of corporate debt restructuring package. The board of the Chennai-based firm, which ... Read More »

Equity MF Inflows Hit 20-Month Low of Rs 2,914 Crore in January

New Delhi: Equity mutual funds witnessed in January inflows worth Rs 2,914 crore, the lowest level in the last 20 months, mainly on account of weakness in stock markets and appreciation in gold prices, says a report. This was the second successive month when the flows for local equity mutual funds. According to a Deutsche Bank research report, equity MFs ... Read More »