MUMBAI, 08 JANUARY, 2021 (GPN): Commenting on the *December 2020 Mutual Fund data, Mr. N S Venkatesh, Chief Executive, AMFI“MF Industry AUMs at an all-time high, increase in Retail Folios and also SIP folios, is reflective of Investor confidence in mutual fund asset class. While net-inflows in Equity Funds and Hybrid are indeed negative, on the back of profit-led redemptions, the gross inflows are a healthy INR 36,000 crores in these two categories. On the Debt side, I expect RBI to continue maintaining accommodative stance and keep rates at current levels for economy to play a catch up, which is reflected in positive flows in corporate bond funds owing to the schemes holding quality paper and also shorter duration strategies including floater and dynamic bond schemes.”


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