Let us look at key numbers of February 2021:
Indian Mutual Fund Investment now
Rs.32 lakh crore
With equity markets reaching
all-time highs, investors continue to exit equity funds for the eighth
consecutive session. Meanwhile, the MF industry has witnessed net inflows in
debt funds in February due to inflows in liquid funds.
Mr. N. S Venkatesh, CEO, AMFI said, “Profit booking in debt MF schemes with bond yields
moving up, and in equity schemes with market indices at all-time high is
reflective of investors moving in tandem with market scenarios. Increasing
preference towards hybrid schemes in the last two months, especially the
arbitrage and dynamic asset allocation funds is reflective of retail investors
becoming increasingly conservative, leaning towards capital preservation and
moderate returns and amid acute market volatility."
Mr. Akhil Chaturvedi, Head,Sales & Distribution, Motilal
Oswal MF believes some meaningful
consolidation of markets could make investors come back in equity funds and
make fresh allocations. “First few days of March look slightly better with the
redemption velocity coming down, but we need to see how it plays through the
month,” he said.
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