Quote on AMFI Data by Vaibhav Chugh, CEO, Abakkus Mutual Fund
Below the Quote on AMFI Data by Vaibhav Chugh, CEO, Abakkus Mutual Fund
“The MF flows for the m/o March are reaffirming that the investors in India have matured a lot. Every correction is seen as an opportunity rather than a reason to exit and thus such phenomenal growth in equity flows. The distributors and advisors have also been guiding in turbulent times. Even the growth in SIP flows is commensurate with this fact. Flexicap funds are best suited as the fund manager can maneuver across market-caps thus making them more dynamic and for that investors have been increasing allocation to this category. Am elated to see the increased maturity of Indian investors as they have been proactive in looking at how valuations are moving and allocating accordingly. Despite of low performance from small caps in past sometime, investors have added allocations as they have realized that valuations there have corrected below their peaks and last 10-year averages. Though there are new outflows from liquid and arbitrage however that must be attributed to year end requirements, in my view.”
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