To make debt mutual funds (MFs) more secure, market regulator Securities and Exchange Board of India (SEBI) has taken some measures recently. One of such measures was imposition of exit loads on Liquid Funds, around mid-October.
However, according to the recent data released by the Association of Mutual Funds in India (AMFI), after imposition of the exit loads, investors have started shifting their focus from Liquid Funds to Overnight Funds and other short-term funds.