Mutual Fund Collections for September 1999 (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

1

0.27

6.31

6.58

8.33

(1.75)

631

B  Bank Sponsored (6)

-

-

0.57

0.57

0.90

(0.33)

61

C  Institutions (4)

-

-

0.61

0.61

1.18

(0.57)

27

D   Private Sector:

I     Indian (6)

-

-

3.41

3.41

3.08

0.33

18

II   Joint Venture:

Predominantly Indian (7)

2

1.21

10.56

11.77

10.27

1.50

53

III   Joint Venture:

Predominantly Foreign (10)

-

-

10.16

10.16

6.99

3.17

64

TOTAL (I+II+III)

2

1.21

24.13

25.34

20.34

5.00

135

Grand Total (A+B+C+D)

3

1.48

31.62

33.10

30.75

2.35

855

Source : AMFI