Credit risk funds have seen net outflows of Rs -1,253 crore and fixed term plans have witnessed net outflows of Rs -17,644 crore in April. Can heavy outflows be attributed to the series of downgrades in the debt market. What is your advice to investors in credit risk fund and FMP?
In FMPs typically, there is a fixed maturity. The outflows in a fixed term product is scheduled as you have maturity of the FMP. Fresh inflows into FMPs have been quit ..