Net redemptions in credit risk funds drop 81.5%
Mutual funds industry body AMFI cites the central bank’s ₹50,000 crore special liquidity facility for the development.
debt funds
May 2020
April 2020
February 2020
RBI opens special liquidity facility for MFs
The central bank announces ₹50,000 crore special liquidity facility for mutual funds to help debt funds tide over market disruptions caused by Covid-19.
When fear overtakes greed
Franklin Templeton India has closed six yield-oriented schemes—which accounted for 63.4% of its total debt-oriented funds’ average AUM. It links the closure to Covid-19-related market dislocations.
Mutual funds’ AUM declined 18% in March
AMFI data reveals that industry’s net AUM fell over ₹4.96 lakh crore over February, and down nearly 5% compared to March 2019.
Overnight funds in the fast lane
With more than quadrupled average net assets under management and doubling of investor folios in the last 10 months, overnight funds are witnessing hyper growth among debt mutual funds.
