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Fears of recession in US, UK hit equity funds, stock market

Fears of recession in US, UK hit equity funds, stock market

As stock markets fell sharply on the fears of double-dip recession in the West, equity funds showed negative returns over the one-year period ended August 9, 2011.
As stock markets fell sharply on the fears of double-dip recession in the West, equity funds showed negative returns over the one-year period ended August 9, 2011.

Rs 1,564 cr was mutual funds' net equity investment in first half of August

73% is the decline in cash holdings of equity mutual funds in the month of July 2011

8% is the increase in assets under management of the mutual fund industry in July 2011

Rs 234 cr is the net inflows into gold-based exchange-traded funds in July 2011

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