Perspective on the August 2021 - AMFI DATA by Mr. Aashish Somaiyaa, White Oak Capital
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
Below is Perspective on the August 2021 - AMFI DATA by Mr. Aashish Somaiyaa, Chief Executive Officer - White Oak Capital
“A granular look at the data of equity and balanced / balanced advantage category of schemes suggests that the gross flow, the redemption and the net flow for the months of July and August remains to be at the same elevated level. But there is a significant shrinkage in the net flow for equity category and corresponding bump up in net inflow of the balanced advantage category. This leads one to believe that on aggregate industry level large balanced advantage NFO has garnered a lot of traction by way of switches from equity to balanced advantage category. From a retail investors’ perspective in the short term it may not be a bad development given elevated market levels and generally lower risk perception of balanced advantage funds.”
Above views are of the author and not of the website kindly read disclaimer
