🇮🇳 India
5d ago
Debt mutual funds record big outflows of nearly Rs 3 lakh crore. Are safer options losing appeal?
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Debt mutual funds saw a massive Rs 3 lakh crore outflow in March. This sharp reversal followed inflows in February. Liquid funds and overnight funds faced the biggest redemptions. Experts attribute this to quarter-end institutional adjustments and profit booking. Assets under management for debt funds also declined significantly. This trend is seen as a temporary liquidity adjustment.
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