Perspective on AMFI Data by Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal Asset Management Company
Below the Perspective on AMFI Data by Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal Asset Management Company.
‘Flows in equity & hybrid funds (excluding arbitrage) continued to remain firm in Dec 23, totalling to about Rs 21,361 crores. Excluding NFO, the net inflow in ongoing schemes also remained firm at 13,812 crores. Focused, ELSS & Large Cap category saw outflows, rest all categories saw positive flows. Risk on sentiment in markets was reflected in Small Cap and Sectoral & Thematic excluding NFO seeing strong net flows of 2630 crores and 1750 crores respectively. In Hybrid category, MAF and Equity savings funds saw notable flows.
Overall, investor sentiment remained buoyant on back of persistence of markets strength. Market and investor sentiment in the run up to the year of general elections remain positive. Large cap category looks set to regain momentum of Oct & Nov after outflows in December.’
Above views are of the author and not of the website kindly read disclaimer
Tag News
Quote on Real Estate Sector 2024 Recap and 2025 Outlook by Mr. Pradeep Aggarwal, Founder & C...
More News
World Bank Forecasts Commodities Surge, Yet Uncertainty Looms by Amit Gupta, Kedia Advisory