Debt mutual funds (MFs) continued to register withdrawals in January. Data from the Association of Mutual Funds in India (Amfi) showed net outflows of Rs 10,316 crore. However, money market funds were outliers, registering inflows of Rs 6,460 crore. Money market funds are those that invest in highly liquid, near-term instruments, such as cash, cash-equivalent […]
Mutual funds (MFs) have invested more as anchor investors in initial public offerings (IPOs) this year than foreign portfolio investors (FPIs). MFs have put in Rs 9,026 crore as anchor money in CY22 compared with Rs 7,105 crore put in by FPIs, data from Prime Database show. This is the first time since 2014 that […]