Hybrid funds continued to experience healthy net inflows on led by arbitrage funds and multi-asset funds
FinTech BizNews Service
Mumbai, November 9, 2023: Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMO Asset Management Company has shared an analytical perspective on AMFI Data: “In the month of October, the equity markets continued to experience a risk-off sentiment, with the Index falling below 19,000 levels. Despite this fall, equity mutual funds continued to exhibit resilience, recording a significant net inflow of Rs 19,957 crores v/s 14,091 crores observed in September. We continue to witness major flows in small caps to the tune of 4,495 crores followed by thematic/sectoral funds of 3,895 crores. Hybrid funds continued to experience healthy net inflows on led by arbitrage funds and multi-asset funds. This trend reflects the prevalent risk-off sentiment in the market, with investors seeking to diversify their investments while maintaining a focus on capital protection. Domestic flows continue to prove structural. Interestingly, SIPs now account for a larger part of inflows (vs one-time investment) and are more structural. This provides the market with a lot of strength.”