Most mutual funds categories witnessed net outflows in August as cautious investors continued to sell their investments and held on to cash, probably to tackle the uncertain environment created by the Covid pandemic. August marked the fifth straight month of fall in inflows in the equity mutual funds, shows monthly data from Amfi. Net outflows … Read more
New Delhi: old ETFs witnessed an inflow of Rs 921 crore in July, a surge of 86 per cent from the preceding month, as new investors rushed to add the precious metal in their portfolios in view of higher prices. With this, net inflow in a gold exchange traded fund or ETF category has reached … Read more
Mutual fund investors are selling their investments in equity mutual funds and they are not in a hurry to invest in equities anymore, shows Amfi data. Reflecting the trend, the equity mutual fund categories saw net outflows of around Rs 2480 crore in July. “This could be largely attributed to investors booking profit, given the … Read more
NEW DELHI: Equity mutual funds saw the first monthly net outflow in four years as investors preferred to book profits instead of staying invested, a sign that reflects declining cash flows of households and fear of a crash in the market. Amfi data released for the month of July said investors withdrew a net Rs … Read more