Quote on AMFI DATA by Juzer Gabajiwala, Director - Ventura
Below the Quote on AMFI DATA by Juzer Gabajiwala, Director - Ventura
Liquid funds are back in action after the March 26 impact where in due to corporate funds requirement there was a huge outflow
April 26 has witnessed nearly 1.65 lac cr as inflows. Also looks like there could be money sitting on the sidelines to be deployed in the equity markets as well as possibility of increasing yields in the the short term due to spike in inflation.
Arbitrage funds are also back in action after a subdued last month. Investors seem to have disregarded the hike in STT impact on returns. Multi Asset is also losing some sheen due to slow down in equity; impact of increase in interest rates and fall in gold prices. Gross collections are down nearly 16%.
On the equity funds; gross collections are down nearly 16% from March 26 reflecting negative sentiments overall. Flexicap still ruling the category with mopping up 26% of the net inflows.
Above views are of the author and not of the website kindly read disclaimer
More News
Perspective on Monthly Mutual Fund by Sanjay Agarwal, Senior Director, CareEdge Ratings
