Quote on AMFI Data by Suranjana Borthakur, Head of Distribution & Strategic Alliances, Mirae Asset Global Investments Ltd
Below the Quote on AMFI Data by Suranjana Borthakur, Head of Distribution & Strategic Alliances, Mirae Asset Global Investments Ltd
“The recovery in mutual fund flows in April is encouraging, especially after the typical quarter-end outflows seen in March. Debt categories like liquid, overnight, money market, and ultra-short have seen a six-month high in inflows, which is a positive sign. Equity inflows have come down slightly to Rs.24,000 crore, but overall flows across categories have remained quite consistent. It's also encouraging to see an uptick in large-cap flows, which aligns with the current market environment. For long-term portfolios, we continue to believe that mid- and small-cap allocations are essential for wealth creation. Sectoral funds witnessed a strong recovery — not driven by new NFOs, but by genuine investor interest — though we recommend keeping these as satellite allocations and not letting them be guided by product euphoria. ELSS has seen a dip, likely due to recent taxation changes, and may not witness significant inflows going forward. Hybrids have bounced back as well, especially arbitrage funds, which received Rs.11,000 crore this month, indicating they are being seen as a safe space to park funds before further deployment. Overall, the flows suggest that investors are making thoughtful and balanced allocation decisions.”
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