Commenting on the April 2019 monthly Mutual Fund data, Mr N S Venkatesh, CEO, AMFI said: “Steady growth in Equity SIPs, continued net inflows into equity schemes and overall AAUMs crossing INR 25 L cr driven by inflows into liquid funds in April 2019 is reflective of the overall retail and institutional investor confidence in the India growth story.”
Explaining net outflows and subdued response to FMPs and Credit Risk Fund category, Mr Venkatesh said: “Overall nervousness in the markets owing to credit events, rating downgrades, and defaults, coupled with global trade imbalance, and uncertainty over outcome of general elections has led to investors getting into wait–n– watch mode. We expect investors would return in a big way, as corporate earnings improve further and once the general elections related uncertainty and global headwinds recede over the next few months.
AMFI_April Monthly Data 2019
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