IGI Logo

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

Investors continued to repose faith in equity as an asset class. Despite flow of negative news, investor flows remained buoyant. Equity Funds continue their uptrend in terms of Net Inflows: ~20.5K cr. vis-à-vis ~15.7K cr in February. As a result of the financial year end, ELSS Funds mobilized gross inflows of ~4.2K cr. vis-à-vis 2.3K cr. in February, an 84% jump. Thematic/Sectoral Funds continue to attract the highest inflows month after month. Small cap funds continued to gather flow momentum building on recent months trend. Interestingly, Dividend Yield funds attracted highest flows reflecting the strong performance of dividend factor index. Hybrid Funds saw net redemptions to the tune of ~12.4K cr. This was predominantly on account of outflows from Arbitrage Funds.

All in all, equity investors have defied concerns of slowdown in flows through one of the most volatile times in the market.

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