Powered by: Motilal Oswal
2024-05-09 05:19:17 pm | Source: PR Agency
Perspective On AMFI Data by Sanjay Agarwal, Senior Director, CareEdge Ratings

Below the Perspective On AMFI Data by Sanjay Agarwal, Senior Director, CareEdge Ratings

 

“The Rs 57.3 lakh crore Mutual Fund industry witnessed significant inflows of Rs 2.39 lakh crores compared to the seasonal Rs 1.59 lakh crore outflows witnessed last month. This inflow was led by the debt funds which witnessed inflows of Rs 1.89 lakh crore compared to outflows of Rs 1.98 lakh crore in March 2023. The liquid funds segment used by corporate treasuries for cash management witnessed inflows of Rs 1.02 lakh crores versus the seasonal outflows of nearly Rs 1.57 lakh crore last month. Interestingly in April 2024, practically all debt categories excluding Medium Duration Funds, Credit Risk, and Banking & PSU funds have witnessed inflows. The Credit Risk category continued to witness 13th straight month of outflows.”

 

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

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here