The net redemptions in credit risk funds category have been tapering off substantially since the RBI's announcement of special liquidity measure of Rs 50,000 crores for the mutual fund industry, said Association of Mutual Funds in India on Saturday. Net redemptions in credit risk funds were at Rs 2,949.49 crore as on Friday, April 24. It peaked at Rs 4,294.36 crore as on Monday, April 27.
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