News From Press AMFI data shows mutual fund investors are scampering for safety

AMFI data shows mutual fund investors are scampering for safety

Source: Mint Jun 12, 2019

Sell in May and go away." A number of investors seemed to have adopted this mantra with credit risk funds and medium-term funds last month. Not since the Infrastructure Leasing and Financial Services Ltd (IL&FS) crisis has the bond fund market faced such high redemptions, fund analysts have pointed out.

Both credit risk and medium-term bond funds have witnessed a combined withdrawal of more than ₹6,200 crore in May 2019, shows data from the Association of Mutual Funds in India (AMFI). Outflows stood at about ₹1,800 crore in April.

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