The mutual fund industry, which has been stuck with illiquid debt instruments following the recent debt crises and the IL&FS fiasco, can now heave a sigh of relief with SEBI allowing domestic funds to segregate the bad assets.
Net inflows into equity mutual funds declined by 33% after a net inflow of Rs 12,622 cr in October 2018. As a result, mutual fund investments in stocks fell to Rs 4,896 crore in November 2018 against a record inflow of Rs 24,000 cr in October 2018.
This is neither an offer nor a solicitation to purchase or sell securities. The information and views contained on this site are believed to be reliable, but no responsibility (or liability) is accepted for errors of fact or opinion. Writers and contributors may be trading in, or have positions in the securities mentioned in their articles. Neither IndiaNotes nor any of the contributors accepts any liability arising out of use of the above information/article. Reproduction in whole or in part without written permission is prohibited.