Mutual funds focussed on fixed-income securities witnessed 46 per cent month-on-month jump in investment to Rs 63,665 crore in May, mainly due to robust inflow in liquid schemes and measures taken by the RBI. Most individual categories that invest in fixed-income securities or debt funds saw inflows. However, medium duration, overnight, credit risk and dynamic bond funds saw withdrawals.
According to Association of Mutual Funds in India (Amfi), MFs that invest in fixed-income securities saw an inflow to the tune of Rs 63,665 crore last month as compared to an inflow of Rs 43,431 crore in April. In March, the segment had witnessed a massive outflow of Rs 1.95 lakh crore, an inflow of Rs 28,000 crore in February and Rs 1.09 lakh crore in January.
