Why the sharp fall in equity inflows is not a cause for concern
The low net equity inflows shouldn’t be read as fading interest either in equities or mutual funds but is explained by investor’s instinctive response to a dazzling rise in equities
July 09, 2020 / 10:42 AM IST
PRO Only Highlights
Quarterly performance largely backed by improved realisations
Medium-term triggers China plus and protectionist measures for tyre industry
Valuations not inexpensive; but improved medium-term outlook
Mutual funds had Rs 25.48 lakh crore in assets under management (AUM) as at end-June, a growth of 4 percent compared to the previous month, as per AMFI data.
The growth in AUM was on the back of an increase in the value of equity assets that was pulled up by a sharp rise in equity markets in June. The healthy inflows into corporate bond funds were offset by outflows in liquid funds but equity inflows fell off...