According to data from the Association of Mutual Funds in India, collections from SIPs in December rose to ₹8,418 crore, the highest for a month after March 2020.
Updated Jan 07, 2021 | 18:12 IST
Floater and short term funds continue to be the best risk-adjusted places for fixed-income investors to have accrual returns over other fixed-income assets. Representational Image | Photo Credit: PTI
2020 was an unprecedented year due to the Covid-19 pandemic. Not only global but Indian equities too declined sharply during the first few months of last year, only to recover to all-time highs. There was a strong wave of global liquidity as central banks eased their balance sheets and interest rates declined sharply.
‘GOLDILOCKS’ macroeconomic backdrop for equities is driving risk-on sentiment globally which should benefit emerging markets, including India says Mahesh Patil, Co-CIO, Aditya Birla Sun Life Mutual Fund.