Investors will keep riding the wave: AMFI
Though equity MFs witnessed the seventh consecutive month of net outflows in January, AMFI's chief executive says investors will continue to tap MFs as a handy route for wealth creation.
Though equity MFs witnessed the seventh consecutive month of net outflows in January, AMFI's chief executive says investors will continue to tap MFs as a handy route for wealth creation.
RBI’s status quo on interest rates, guidance on inflation and GDP, and thrust on economic growth pushes equity indices to new lifetime highs.
In 2020, until March 12, net equity investments of FPIs saw an outflow of ₹9,031.89 crore ($1.16 billion), against net inflow of ₹23,158 crore ($3.26 billion) in the same period last year.