Where did the Indian mutual fund industry invest in May?
The mutual fund industry in India was worth Rs 5.89 lakh crore at the end of May 2008. If you are an investor it is always sensible to know where this 5.89 lakh crore is invested to get a good idea of where you should invest if you want to emulate the mutual fund industries. However, there is no guarantee that you won’t lose money if you do what mutual funds and their expert fund managers are buying. Fund houses normally disclose where they have invested at the end of every month. Therefore all the data in the table below is as on the last day of May. Other Get Ahead features ‘How do I apply for a MS course in the US?’ Eating out: Pizza and Caesar Salad to die for! Sensex, music and headphones IT grad, now you can get industry-ready online CV writing: Keep it honest, relevant, simple The first question is: Out of Rs 5.89 lakh crore that the Indian mutual funds are managing, how much money has they invested in debt and how much into equity? As of May 31, 2008 fund houses have invested R