Mutual Fund Collections for the Quarter Oct-Dec 1998 (Rs. in bn)

Category

No of new schemes

Sales

Redemption Total

Net flows

Total assets

during the month/ quarter

New schemes

Existing schemes

Total

A Unit Trust of India

2

19.51

8.86

28.37

69.81

(41.44)

543

B Bank Sponsored (6)

1

0.35

0.02

0.37

1.21

(0.84)

45

C Institutions (3)

-

-

0.31

0.31

0.74

(0.43)

20

D Private Sector:

I Indian (7)

-

-

9.39

9.39

8.77

0.62

8

II Joint Venture:

Predominantly Indian (7)

-

-

6.56

6.56

5.27

1.29

22

III Joint Venture:

Predominantly Foreign (8)

2

0.11

5.10

5.21

4.04

1.17

20

TOTAL (I+II+III)

2

0.11

21.05

21.16

18.08

3.08

50

Grand Total (A+B+C+D)

5

19.97

30.24

50.21

89.84

(39.63)

658

Source : AMFI