CHENNAI PRESS NEWS

Net Inflows into Equity schemes continue at a faster pace in June 2019: AMFI Mumbai / Chennai, July 08, 2019: Net Inflows for the open-ended Growth and Equity-oriented schemes have been consistently rising for the last three months since April 2019, from INR 4,608.74 crores at the start of the fiscal to INR 7,663.14 crores for June 2019, largely driven by Multi-Cap and Large Cap Fund categories. The Net Inflows in the equity-oriented schemes have grown three times faster in the last one month at INR 2,256.37 crores from May 2019 to June 2019, compared to the rise in the earlier month at INR 797 crores from April 2019 to May 2019.   S Venkatesh, Chief Executive, AMFI Commenting on the occasion, Mr N S Venkatesh, Chief Executive, AMFI said : “Stellar jump in the inflows into equity schemes over the last two months, especially after the decisive electoral verdict has helped repose retail investor trust. Political Stability, lower inflation coupled with RBI s...

High Commissioner of Namibia, Gabriel P. Sinimbo, has welcomed collaboration with India in diverse fields including academics and medical services and inaugurated the five-day Smart India Hackathon- Hardware Edition, 2019  at the SRMIST campus  SRMIST, Kattankulathur, July 8:   Inaugurating the five-day Smart India Hackathon- Hardware Edition, 2019   at the SRMIST campus on Monday,   he said the hackathon event was “very impressive” and could be a model for Namibia to follow with the   participation of Namibian ministries of higher education and technology, industrialization and trade and small and medium enterprises development in partnership with his country’s business chambers. “Their partnership will be critical to organize something like this (hackathon),” he said. SRMIST Vice Chancellor Dr.Sandeep Sancheti presided. High Commissioner of Namibia, Gabriel P. Sinimbo interacting with the participants of Smart India Hackathon 2019...