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Inflows into equity mutual funds plummet in November; MFs reduce assets in ICICI Bank, HCL Tech, Kotak Mahindra Bank | Jobs Vox

[ad_1] Inflows into equity mutual fund schemes fell 76% in November to ₹2,258 crore from ₹9,390 crore in October. Meanwhile, debt mutual fund schemes saw inflows of £3,668m during the month compared to outflows of £2,817m in the previous month. In November, SIP inflows were the highest ever at ₹ 13,306 crore. This compares to … Read moreInflows into equity mutual funds plummet in November; MFs reduce assets in ICICI Bank, HCL Tech, Kotak Mahindra Bank

| Jobs Vox

When assets recover, ETF sales recover — mutual funds don’t. | Jobs Vox

[ad_1] In October, redemptions from equity funds rose to $5.7 billion from less than $5 billion in September. However, equity fund redemptions improved, falling to $1.9 billion from $2.9 billion last month. Bond fund redemptions also eased slightly, from $1.9 billion to nearly $1.7 billion. Year-to-date, long-term net redemptions are now approximately $31.5 billion. In … Read moreWhen assets recover, ETF sales recover — mutual funds don’t.

| Jobs Vox

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