Debt-oriented mutual fund schemes witnessed a net outflow of over Rs 51,900 crore in September, making it the second consecutive monthly withdrawal, largely on the back of a massive pullout from liquid category. Morningstar India Associate Director - Manager Research Himanshu Srivastava said investors are focusing on fixed income categories having relatively shorter duration profile, such as low duration and short duration funds, given the current interest rate scenario. In addition, they are preferring funds with pristine credit quality, especially from banking & PSU category, he said. According to the Association of Mutual Funds in India (Amfi), mutual funds (MFs) that invest in fixed-income securities or debt funds saw an outflow of Rs 51,962 crore last month as compared to Rs 3,907 crore in August. Prior to that, debt funds had seen an inflow of Rs 91,392 crore in July, Rs 2,862 crore in June, Rs 63,665 crore inMay and Rs 43,431 crore in April. "With September being the ...
from Markets https://ift.tt/3djUraM
Subscribe to:
Post Comments (Atom)
-
उषाशी का संबंध एक ऐसे परिवार से हैं जहां अधिकांश लोग शिक्षक हैं। उन्होंने बचपन से अपने घर में पढ़ाई-लिखाई का माहौल देखा। वे 1986 में शादी के...
-
साउथ इंडिया में थेनी के पास वेंकटचलपुरम में राधिका का जन्म हुआ। वे शादी के बाद दिल्ली आ गईं। एक शौक के तौर पर राधिका ने ट्रैवल फोटोग्राफी क...
No comments:
Post a Comment