In June, liquid funds saw a net outflow of Rs 1.5 trillion, which led to the schemes' assets dropping by 27 per cent to Rs 3.9 trillion
|Message:||Recipients' Email:||Type address separated by commas|
|Your Email:||Enter the characters shown in the image.|
|Send me a copy:|
Liquid funds, which had seen sharp outflows in June, are expected to see further investor pullouts in the coming months.
According to a Crisil report, investor allocation is likely to move towards other debt schemes such as ultra short duration and overnight schemes, following the new valuation norms laid down ...
Read the full text business-standard