IGI Logo

Below the Quote on AMFI data by Mr. Juzer Gabajiwala, Director at Ventura Securities Ltd

“A healthy 15% growth in equity schemes mobilisation despite a persistent FII outflow in last 3 months and falling markets. Risk perception also has increased as there is huge collection in sectoral/thematic funds. Debt funds have seen a huge outflow across the board as the interest rate cut now seems a distance away with huge outflows in liquid and overnight funds. Hybrid has been flat with mainly outflows from Arbitrage funds. Gold ETFs also seem to be gathering momentum as outlook seems favourable and with no new SGBs bring announced by RBI.“

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