News From Press Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco

Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco

Most debt mutual fund categories have witnessed outflows in the last month, data shows.

The Economic Times May 9, 2020

The Franklin Templeton Mutual Fund fiasco seems to have hit the debt mutual fund space very hard. The data released by Association of Mutual Funds in India or Amfi reveals that most debt mutual fund categories have witnessed outflows in the last month. The worst hit category in the debt mutual fund space was the credit risk funds, which saw a total outflow of Rs 19,238.98 crore in April.

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​Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco

Debt, hybrid mutual funds see large outflows in April; advisors blame Franklin fiasco