Data from CAMS up to 27th March showed huge outflows from arbitrage and debt funds even as net flows into equity funds held up. Arbitrage funds lost about 37% of their assets under management in March while equity funds saw inflows similar to what they received in February which was an 11 month high. The CAMS data was not released officially, but confirmed by independent sources to Mint.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
Read More