Fund Raising for Public and Rights Issues Registered an Increase in FY 2020-21

Fund raising

The union Finance Ministry has informed that despite the CoVID-19 pandemic, fund raising in Financial Year (FY) 2020-21 was better than that in FY 2019-20 for both Public Issues and Rights Issues. Both recorded an increase of 115 percent and 15 percent respectively in FY 2020-21 as compared to last year.

As during FY 2020-21, Rs 46,029.71 crore and Rs 64,058.61 crore were raised through Public Issues and Rights Issue respectively, as against Rs 21,382.35 crore and Rs 55,669.79 crore raised last year.

Further, around 2003 Corporate Bonds issued for an amount of Rs 7,82,427.39 crore in FY 2020-21, exceeding the amount raised (Rs 6,89,686.19 crore) through 1,821 issues for the FY 2019-20. Accordingly, the number of issues increased by 10 percent and the amount raised increased by 13.5 percent as compared to the last year.

As well as Assets Under Management (AUM) of Mutual Fund Industry increased by 41 percent. It increased to Rs 31.43 lakh crore as on 31st March, 2021 as compared to Rs 22.26 lakh crore as on 31st March, 2020.

The number of unique investors across Mutual Fund schemes also increased by 10 percent from 2.08 crore as on 31st March, 2020 to 2.28 crore as on 31st March, 2021.

 

Fund Raising     Fund Raising

 

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Knowledge Source:
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