This was way higher than Rs 3,437 crore net inflow seen in April and Rs 9,115 crore in March, data from the Association of Mutual Funds in India showed on Wednesday.
Investors with low equity exposure can look at hybrid funds for higher returns
Equity savings funds typically invest 10-25% of their portfolios in equity with the balance in debt and arbitrage given investors the benefit of equity taxation.
Synopsis
Financial planners advise allocating 20% of portfolio to a mix of equity savings, balanced advantage and aggressive hybrid schemes
Mumbai: Dwindling returns from high-quality fixed income funds are making many conservative investors add equity to their portfolios through allocation to hybrid funds.
Financial planners believe investors with a risk appetite can allocate 20% of their portfolio to a mix of such equity savings, balanced advantage and aggressive hybrid schemes.
Flows into equity mutual funds hit 14-month high as D-street rally draws investors
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Last Updated: Jun 10, 2021, 01:34 AM IST
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3rd straight month of inflows into equity funds at ₹10,083 cr; SIP flows rise to ₹8,596 cr
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Flows into equity mutual funds soared to a 14-month high in May as the renewed strength in the stock market prompted investors to pump more money into equity products. Investors poured ₹10,083 crore into equity schemes, the third straight month of inflows, but pulled money out of debt schemes, which have been out of flavour because of lower returns.
Total assets under management of the mutual fund industry inched up to ₹32.99 lakh crore from ₹32.42 lakh crore.
ESG investing reduces potential risks in your mutual fund portfolio
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The potential risks in the portfolio are lowered as these filters avoid investments in those companies/ sectors where, in the future, there might be a threat to the conduct of business in its current form due to environmental , social factors or non-transparent governance practices.
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ESG funds have started to pick up pace in the Indian Mutual Fund industry. Many fund houses have come up with ESG funds in the last one year. Shivani Bazaz of ETMutualFunds.com spoke to
Amit Nigam- Fund Manager, Invesco Mutual Fund, to understand more about the ESG funds and their outlook in Indian markets. Edited interview.
SBI Funds Management (SBI MF) will distribute the fourth tranche of Rs 3,205 crore to unitholders of Franklin Templeton Mutual Fund s six shuttered schemes during the week beginning Monday.