Quote on AMFI Data by Karthick Jonagadla, smallcase Manager and Founder, Quantace Research
Below the Quote on AMFI Data by Karthick Jonagadla, smallcase Manager and Founder, Quantace Research
“Considering the latest mutual fund inflow data for March 2024, it's essential to view the month's decrease in equity inflows within the context of the fiscal year's close, rather than as a negative trend.
The steadfastness of SIP contributions, consistently exceeding Rs 19,000 crore for two months, signals a shift towards a more disciplined investment strategy among investors. This disciplined approach is further exemplified by the increased preference for equities, driven by their strong performance over the past year, indicative of investors conducting regular portfolio assessments and adjustments.
Nonetheless, we should maintain a balanced outlook; as market conditions evolve and with potential central bank policy adjustments on the horizon, the appeal of debt instruments may be revitalized.”
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