{"id":19091,"date":"2020-07-07T18:16:02","date_gmt":"2020-07-07T12:46:02","guid":{"rendered":"https:\/\/www.fundsindia.com\/blog\/?p=19091"},"modified":"2020-07-09T11:36:57","modified_gmt":"2020-07-09T06:06:57","slug":"monthly-market-insight-june-2020","status":"publish","type":"post","link":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091","title":{"rendered":"Monthly Market Insight \u2013 June 2020"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The June 2020 edition of FundsIndia\u2019s Monthly Market Insight discusses\u00a0<\/span><span style=\"font-weight: 400;\">India\u2019s First indigenous Covid-19 Vaccine Candidate \u201cCovaxin\u201d.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Manufacturing Purchasing Managers&#8217; Index (PMI) for Jun-20 rose to 47.2 compared to 30.8 in May-20. Although the indicator shows contraction in Jun-20, the business activity shows a sharp recovery compared to the PMI in the previous month. Reduction in employment due to weak demand, constrained production capacity, drop in new business are the key reasons for the contraction.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Data showcased in this edition include trends in Industry SIP Inflows, Total Retail and HNI AUM, and Manufacturing PMI. Do check out our suggested reads that include articles on if one should invest in gold and if it is time to invest in passive funds.\u00a0<\/span><a href=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg\"><img loading=\"lazy\" class=\"alignnone size-full wp-image-19090\" src=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg\" alt=\"\" width=\"1252\" height=\"1044\" srcset=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg 1252w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07-300x250.jpg 300w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07-768x640.jpg 768w, https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07-1024x854.jpg 1024w\" sizes=\"(max-width: 1252px) 100vw, 1252px\" \/><\/a><\/p>\n<div><\/div>\n<div class=\"blog-highlight\" style=\"clear: both; background: #ff6600; border: none; width: 60%; text-align: center; box-shadow: 0 5px 5px rgba(0, 0, 0, 0.5);\"><a style=\"text-decoration: none;\" href=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June.pdf\" target=\"_blank\" rel=\"noopener\"><span style=\"color: #fff; font-weight: bold;\">Click here to read the insights<\/span><\/a><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The June 2020 edition of FundsIndia\u2019s Monthly Market Insight discusses\u00a0India\u2019s First indigenous Covid-19 Vaccine Candidate \u201cCovaxin\u201d. The Manufacturing Purchasing Managers&#8217; Index (PMI) for Jun-20 rose to 47.2 compared to 30.8 in May-20. Although the indicator shows contraction in Jun-20, the business activity shows a sharp recovery compared to the PMI in the previous month. Reduction [&hellip;]<\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[586],"tags":[624,517,621],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monthly Market Insight \u2013 June 2020<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monthly Market Insight \u2013 June 2020\" \/>\n<meta property=\"og:description\" content=\"The June 2020 edition of FundsIndia\u2019s Monthly Market Insight discusses\u00a0India\u2019s First indigenous Covid-19 Vaccine Candidate \u201cCovaxin\u201d. The Manufacturing Purchasing Managers&#8217; Index (PMI) for Jun-20 rose to 47.2 compared to 30.8 in May-20. Although the indicator shows contraction in Jun-20, the business activity shows a sharp recovery compared to the PMI in the previous month. Reduction [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091\" \/>\n<meta property=\"og:site_name\" content=\"Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/fundsindia\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-07T12:46:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-07-09T06:06:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mutual Fund Research Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\",\"name\":\"Wealth India Financial Services\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"sameAs\":[\"https:\/\/www.facebook.com\/fundsindia\"],\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg\",\"width\":189,\"height\":200,\"caption\":\"Wealth India Financial Services\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#logo\"}},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/\",\"name\":\"Insights\",\"description\":\"Official blog of FundsIndia.com\",\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg\",\"contentUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg\",\"width\":1252,\"height\":1044},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#webpage\",\"url\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091\",\"name\":\"Monthly Market Insight \\u2013 June 2020\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#primaryimage\"},\"datePublished\":\"2020-07-07T12:46:02+00:00\",\"dateModified\":\"2020-07-09T06:06:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.fundsindia.com\/blog\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monthly Market Insight \\u2013 June 2020\"}]},{\"@type\":\"Article\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#webpage\"},\"author\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/d367c1f55638ee9df852050ddc3f700b\"},\"headline\":\"Monthly Market Insight \\u2013 June 2020\",\"datePublished\":\"2020-07-07T12:46:02+00:00\",\"dateModified\":\"2020-07-09T06:06:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#webpage\"},\"wordCount\":131,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg\",\"keywords\":[\"Covid19\",\"FundsIndia\",\"Monthly Market Insight\"],\"articleSection\":[\"Monthly Market Insight\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#respond\"]}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/d367c1f55638ee9df852050ddc3f700b\",\"name\":\"Mutual Fund Research Desk\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.fundsindia.com\/blog\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/43eeb43c33daa9107f9efb96a6b13aca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/43eeb43c33daa9107f9efb96a6b13aca?s=96&d=mm&r=g\",\"caption\":\"Mutual Fund Research Desk\"},\"sameAs\":[\"http:\/\/www.fundsindia.com\"],\"url\":\"https:\/\/www.fundsindia.com\/blog\/author\/mfresearch\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Monthly Market Insight \u2013 June 2020","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091","og_locale":"en_US","og_type":"article","og_title":"Monthly Market Insight \u2013 June 2020","og_description":"The June 2020 edition of FundsIndia\u2019s Monthly Market Insight discusses\u00a0India\u2019s First indigenous Covid-19 Vaccine Candidate \u201cCovaxin\u201d. The Manufacturing Purchasing Managers&#8217; Index (PMI) for Jun-20 rose to 47.2 compared to 30.8 in May-20. Although the indicator shows contraction in Jun-20, the business activity shows a sharp recovery compared to the PMI in the previous month. Reduction [&hellip;]","og_url":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091","og_site_name":"Insights","article_publisher":"https:\/\/www.facebook.com\/fundsindia","article_published_time":"2020-07-07T12:46:02+00:00","article_modified_time":"2020-07-09T06:06:57+00:00","og_image":[{"url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg"}],"twitter_misc":{"Written by":"Mutual Fund Research Desk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Organization","@id":"https:\/\/www.fundsindia.com\/blog\/#organization","name":"Wealth India Financial Services","url":"https:\/\/www.fundsindia.com\/blog\/","sameAs":["https:\/\/www.facebook.com\/fundsindia"],"logo":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#logo","inLanguage":"en-US","url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","contentUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2018\/07\/download.jpeg","width":189,"height":200,"caption":"Wealth India Financial Services"},"image":{"@id":"https:\/\/www.fundsindia.com\/blog\/#logo"}},{"@type":"WebSite","@id":"https:\/\/www.fundsindia.com\/blog\/#website","url":"https:\/\/www.fundsindia.com\/blog\/","name":"Insights","description":"Official blog of FundsIndia.com","publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.fundsindia.com\/blog\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#primaryimage","inLanguage":"en-US","url":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg","contentUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg","width":1252,"height":1044},{"@type":"WebPage","@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#webpage","url":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091","name":"Monthly Market Insight \u2013 June 2020","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#primaryimage"},"datePublished":"2020-07-07T12:46:02+00:00","dateModified":"2020-07-09T06:06:57+00:00","breadcrumb":{"@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.fundsindia.com\/blog"},{"@type":"ListItem","position":2,"name":"Monthly Market Insight \u2013 June 2020"}]},{"@type":"Article","@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#article","isPartOf":{"@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#webpage"},"author":{"@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/d367c1f55638ee9df852050ddc3f700b"},"headline":"Monthly Market Insight \u2013 June 2020","datePublished":"2020-07-07T12:46:02+00:00","dateModified":"2020-07-09T06:06:57+00:00","mainEntityOfPage":{"@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#webpage"},"wordCount":131,"commentCount":0,"publisher":{"@id":"https:\/\/www.fundsindia.com\/blog\/#organization"},"image":{"@id":"https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#primaryimage"},"thumbnailUrl":"https:\/\/www.fundsindia.com\/blog\/wp-content\/uploads\/2020\/07\/MMI-_June_FIA-07.jpg","keywords":["Covid19","FundsIndia","Monthly Market Insight"],"articleSection":["Monthly Market Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.fundsindia.com\/blog\/monthly-market-insight\/monthly-market-insight-june-2020\/19091#respond"]}]},{"@type":"Person","@id":"https:\/\/www.fundsindia.com\/blog\/#\/schema\/person\/d367c1f55638ee9df852050ddc3f700b","name":"Mutual Fund Research Desk","image":{"@type":"ImageObject","@id":"https:\/\/www.fundsindia.com\/blog\/#personlogo","inLanguage":"en-US","url":"https:\/\/secure.gravatar.com\/avatar\/43eeb43c33daa9107f9efb96a6b13aca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/43eeb43c33daa9107f9efb96a6b13aca?s=96&d=mm&r=g","caption":"Mutual Fund Research Desk"},"sameAs":["http:\/\/www.fundsindia.com"],"url":"https:\/\/www.fundsindia.com\/blog\/author\/mfresearch"}]}},"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/19091"}],"collection":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/users\/18"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/comments?post=19091"}],"version-history":[{"count":4,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/19091\/revisions"}],"predecessor-version":[{"id":19140,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/posts\/19091\/revisions\/19140"}],"wp:attachment":[{"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/media?parent=19091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/categories?post=19091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fundsindia.com\/blog\/wp-json\/wp\/v2\/tags?post=19091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}