Equity MFs bleed for 8th month in Feb
SECTIONS
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.
Investors pull out Rs 4534 crore in equity MFs, eight straight month of outflows
SECTIONS
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.
Exclusive content, features, opinions and comment - hand-picked by our editors, just for you.
Pick 5 of your favourite companies. Get a daily email with all the news updates on them.
Track the industry of your choice with a daily newsletter specific to that industry.
Stay on top of your investments. Track stock prices in your portfolio.
NOTE :
This product is a monthly auto renewal product.
Cancellation Policy: You can cancel any time in the future without assigning any reasons, but 48 hours prior to your card being charged for renewal. We do not offer any refunds.
To cancel, communicate from your registered email id and send the mail with the request to assist@bsmail.in. Include your contact number for easy reference. Requests mailed to any other ID will not be acknowledged or actioned upon.
Current yields will lead to mark-to-market losses for banks business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.