Asit C. Mehta Financial Services Ltd (ACMFSL), (BSE-530723| ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, today announced the appointment of Mr. Anand Varadarajan as the Director -Innovation & Growth for the group
Equity MFs bleed for 8th month in Feb
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Investors pulled money out of equity mutual funds in February for the eighth straight month, as they remained sceptical about the market’s prospects at near-record level after the sharp run-up.
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Investors pulled money out of equity mutual funds in February for the eighth straight month, as they remained sceptical about the market’s prospects at near-record level after the sharp run-up. Debt mutual funds too witnessed outflows as the rise in bond yields eroded investor returns.
Equity schemes saw outflows to the tune of Rs4534 crore in February. In January, this category witnessed outflow of Rs9253 crore.
Investors pull out Rs 4534 crore in equity MFs, eight straight month of outflows
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Share
Synopsis
Investors pulled money out of equity mutual funds in February for the eighth straight month, as they remained sceptical about the market’s prospects at near-record level after the sharp run-up.
iStock
Investors pulled money out of equity mutual funds in February for the eighth straight month, as they remained sceptical about the market’s prospects at near-record level after the sharp run-up. Debt mutual funds too witnessed outflows as the rise in bond yields eroded investor returns.
Equity schemes saw outflows to the tune of Rs4534 crore in February. In January, this category witnessed outflow of Rs9253 crore.