Inter scheme transfers in the mutual fund industry have inched up in December and January. According to data available with Sebi, such transfers stood at Rs 25,242 crore in December, the highest in the last seven months. The figure was Rs 16,458 crore in January, the second highest in the last six months. (See chart 1)
Inter scheme transfers is the process of a mutual fund scheme selling securities to another scheme within the fund house. It is an alternative to otherwise selling the as ..
