Commenting on May 2020 Mutual Fund Industry AUM data, N S Venkatesh, Chief Executive, AMFI said:
“Despite economic uncertainty and market volatility, Investors showing matured investment behavior continue to repose confidence in equity mutual funds, reflected by robust monthly SIP contribution. On the Debt side, investors, taking advantage of conducive reducing interest rates trend and shift towards high-quality AAA-rated, have resulted in a steady rise in the net flows. Credit Risk concerns have ebbed, following regulatory support, redemptions have come down and we would see investors allocating a higher quantum of savings to high-quality debt paper.”
