Open-ended income or debt-oriented schemes witnessed a 42 per cent month-on-month fall in net inflows, shows AMFI data. The net inflows for May stood at Rs 70,119 crore as against net inflows of Rs 1,20,920 crore in April. The fall in net flows underscores investors' lack of faith in debt schemes following a series of defaults and downgrades that have hit the debt mutual fund space.
Most debt mutual fund categories such as low duration funds, short duration funds, medium duration funds, ..