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Below is perspective on AMFI Data by Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC.

“Broadly mood to invest in equities continues with positive net sales in pure equity funds of Rs.5200cr. However, at the same time we do see element of profit booking with higher absolute redemption of Rs.23500cr.

At the same time, with higher net flows in the hybrid and balance advantage category to the tune if Rs.10400cr signifies retail investor taking cautious view at current market levels and being prudent by taking balanced view while investing in to equities to limited extent. This  strategy is a good way to use proprietary valuation models of various mutual funds and have adequate exposure to equities to no miss out from any upside; and at the same time having enough cash to deploy in event of any meaningful corrections.”

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