News From Press Inflow in balanced MFs rises fourfold in first half of FY18

Inflow in balanced MFs rises fourfold in first half of FY18

Source: Business Standard Oct 13, 2017

Balanced funds continue to remain the flavour of the season. Interest and inflow into balanced funds have continued to grow with the category seeing a fourfold jump in inflows in the first half of the current financial year. During April-September, balanced funds, which invest in a mix of debt and equity, witnessed inflow of Rs 47,045 crore, against Rs 11,828 crore in the corresponding period last year.

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