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Below the Quote on AMFI Data by Ashwini Shami, President & Portfolio Manager, Omniscience Capital

“The decline in equity inflows reflects investors' nervousness given the evolving macroeconomic landscape. This environment is heavily impacted by the West Asia crisis, a crude oil shock, inflation, and rupee depreciation, combined with a slowing corporate earnings growth outlook driven by margin compression and expected interest rate hikes. While broader market returns remained flattish for the month of May, the resilience observed in SIP flows—which dipped by only 0.5%—is noteworthy amidst slowing inflows in overall equities and net redemptions from debt funds. We also observe net redemptions from gold schemes, which broke a 13-month streak of inflows. The fall in gold prices triggered a net outflow from Gold ETFs, highlighting the tendency of investors to chase recent performance trends.”

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