May has proved to be a very good month for Indian economy, especially for Mutual Fund companies. In this month, in quick succession, the country’s GDP and BSE’s market capitalisation managed to go beyond the $1 trillion mark. To add more to the list, the Mutual Fund industry crossed the $100 billion milestone. Assets under management (AUM) by 29 fund houses were pegged at Rs.4.07 trillion. At the current rupee-dollar exchange rate of Rs.40.52, this interprets into a little over $100 billion. This milestone was reached on the back of a 16% rise in industry AUM in May over the previous month and a 48% jump over the May 2006 figures.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
For More IIPM Article, Visit Below....
36TH Full Time Programme In Planning & Entrepreneu...
IIPM going global
On "IIPM - Arindam Chaudhuri - Planman"
Warming up for doomsday?
If you have it, flaunt it
IIPM RANKED AHEAD OF FIVE OF THE IIMS
The Business of B-School Rankings & The Big Farce
A beach resort… Come for a month, at least
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