Equity MFs net outflows now revised at over Rs 4k cr in Feb: AMFI (Ld)
By IANS |
Published on
Tue, Mar 9 2021 20:57 IST |
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SEBI may issue norms for minimum holding in liquid assets for MFs. Image Source: IANS News
New Delhi, March 9 : Equity and equity-linked mutual fund schemes saw a net outflow of over Rs 4,500 crore in February.
As per the revised set of data furnished by the Association of Mutual Funds in India (AMFI) on Tuesday evening, the net outflow stood at Rs 4,534.36 crore.
The association revised the monthly figures for Flexi Cap Fund .
In January, net outflow stood at Rs 9,253.22 crore from Rs 10,147.12 crore in December.
How to invest for short and long term goals in a saving of Rs 12,000
Synopsis
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
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I am Trupti from Maharashtra. I want advice about investing money. My husband and I both are government employees. My salary is Rs 55,000 and husband’s salary is Rs 52,000. After calculating monthly expenditure, home loan EMI and other investments, my total balance is of Rs 12,000. We do not use my husband s salary. So, I want to invest the money but do not understand where to invest.
›Axis Mutual Fund: Market likely to have a good run for 2-3 years, but with volatility: Jinesh Gopani of Axis Mutual Fund
Market likely to have a good run for 2-3 years, but with volatility: Jinesh Gopani of Axis Mutual Fund
Synopsis
Market may correct 5-7 per cent and volatility will be our friend, but market crashing because some people sitting outside want to invest, that is not going to happen.
As the post-budget rally continues in the market,
Jinesh Gopani
believes that the market crashing from here is a bleak possibility. He advises investors to stick to their investments for a longer period of time. “Lump sum money might come and go depending on the nature of money, but sticky money continues to stay. I guess we should start seeing inflows coming back in three to four months, once things stabilise,” Gopani says.
Best mutual fund categories for new investors to play Sensex @ 51K
Synopsis
Many investors are waiting for a correction put in their fresh investments. However, with each passing day the Sensex has only been going up.
As the Sensex continues its bull run, many mutual fund investors are waiting on the sidelines to start investing. These investors are waiting for a correction put in their fresh investments. However, with each passing day the Sensex has only been going up. If you are a new investor and want to start investing in this market, mutual fund experts believe that there are some categories that can help you ease out the volatility.
Parikh Long Term Equity Fund is now Parag Parikh Flexi Cap Fund prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.