Investment Funds Manage $19.6b

Investment funds in the domestic capital market held assets worth 6,078 trillion rials ($19.6 billion) by end of the first Iranian calendar month to April 20. 
The assets were managed by 289 funds, including fixed income funds, mixed investment funds, equity funds and market making funds. 
According to data released by the Securities and Exchange Organization, fixed income funds had the lion’s share with 4,338 trillion rials ($13.77b), up on 3,892 trillion rials ($12.3 billion) the month before.  There were 101 fixed income fund in the mentioned period.