Connect with us

Business News

Debt fund investment breaks all records, reaches highest level

Active debt funds drew net inflows of nearly Rs 66,000 crore in April, the highest since at least December 2020.

Published

on

Debt fund investment
WhatsApp Channel Join Now
Telegram Group Join Now
Instagram Join Now

Debt mutual fund (MF) schemes, which had seen relatively low inflows in the last three years, saw a strong surge in investor interest amid election-induced volatility in the equity markets in the month of April.

Active debt funds drew net inflows of nearly Rs 66,000 crore in April, the highest since at least December 2020.

Net monthly inflows in 2023-2024 averaged Rs 1,600 crore, while April last year saw the heaviest monthly inflow of Rs 37,350 crore.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *