Insights

Monthly Market Insight – October 2020

October 8, 2020 . Mutual Fund Research Desk

The October 2020 edition of FundsIndia’s Monthly Market Insight discusses the great multi cap rejig and what needs to be done.

Consumer Price Index (CPI) Inflation stood at 6.7% in Aug-20 compared to 6.9% in Jul-20. The increase in the prices of meat and fish (16.5%), pulses and products (14.4%), Oils and fats (12.5%) and spices (12.3%) are the key reasons for the inflation in Aug-20 to remain at higher levels, exceeding the upper tolerance limit (6%) set by RBI for the fifth straight month.

Data showcased in this edition include trends in Industry SIP Inflows, Total Retail and HNI AUM, Consumer Inflation, Index of Industrial Production – Growth and Manufacturing PMI. Do check out our suggested reads that include an article on ‘3 Portfolio Saving Decisions To Take Before Its Too Late”.

 

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