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News From Press How investors dumped income funds

How investors dumped income funds

Source: The Economic Times Jun 14, 2018

Investors have started dumping debt income funds as fixed deposits and retail bonds are catching retail investor fancy amid rising interest rates.

Income funds saw a net of Rs 20,407 crore outflows in May, the fastest pace in this calendar year, compared with Rs 5,220 crore net inflows a month earlier, show data from Association of Mutual Funds in India (AMFI), an industry body.

“Performance is dismal for income funds in the past one year,” said Vikram Dalal, managing director at S ..

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