News From Press Debt mutual funds see ₹1.95 lakh crore outflow in March

Debt mutual funds see ₹1.95 lakh crore outflow in March

Source: PTI/Mint Apr 14, 2020

Mutual funds focussed on investing in fixed-income securities saw a massive outflow of ₹1.95 lakh crore in March, after pulling out ₹28,000 crore in the preceding month, mainly on account of withdrawal from liquid funds.

Most individual categories that invest in fixed-income securities or debt funds saw outflows. However, overnight category managed to see positive inflow.

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