03-10-2023 07:02 PM | Source: Motilal Oswal Asset Management
Perspective on AMFI Data Says Mr. Akhil Chaturvedi, Motilal Oswal Asset Management
News By Tags | #607 #8465 #6758 #392

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Below Perspective on AMFI Data by Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal Asset Management Company.

”Despite market volatility, equity funds continue to garner strong inflows, while hybrid funds saw subdued net inflows in February.Net inflows in equity funds increased month on month by 25% from 12,546 crores to 15,685 Crores. Within equity funds, the Sectoral and thematic segments garnered maximum flows. Small-cap funds continue to garner flows, followed by Multicap, Midcap and Large and Mid-caps. Within the hybrid space, Multi-Asset Funds continue to build on momentum of the last two months as debt yield provided attractive investment opportunity along with long term appeal of equity and gold. Overall, investors continue to maintain faith in India’s growth potential and tap the current opportunity in markets to add to positions. On the debt side, medium-term funds, long-duration funds and gilt funds saw inflows, a welcome break from consistent outflows.”

 

Above views are of the author and not of the website kindly read disclaimer