While inflow into equity schemes saw a marginal decline, debt mutual funds saw a redemption to the tune of ₹1.98 lakh crore in the March, the latest AMFI data reveals
We considered equity categories such as large cap, large & mid-cap, mid cap, small cap, flexi cap, focused, contra, value-oriented, multi cap, and ELSS categories for the study. The trailing returns of the schemes were compared with their respective benchmarks in the same horizon. The trailing returns for March were calculated from March 1, 2024 to March 31, 2024.
SEBI has asked at least one fund house why super senior citizens were sold high-risk schemes like small-cap schemes. Industry says more mutual funds have got SEBI’s email.