Debt mutual funds receive inflows of Rs 1.59 crore in October. Are investors shifting back to safer assets?
Debt mutual funds received an inflow of Rs 1.59 lakh crore in October after witnessing an outflow for two consecutive months. Market experts say that the turnaround was largely driven by institutional investors who redeployed surplus cash after the quarter-end outflows observed in the previous month. “Debt oriented funds witnessed a sharp recovery in October … Read more