Dynamic bond funds, a debt category, largely shunned by mutual fund (MF) investors, saw a sharp revival in flows in July. The category saw a sixfold jump in net inflows to over Rs 2,000 crore —the highest collection since April 2019 when category-wise break-up of flows was first disclosed.
The last 12-month average flow for the category has been negative, at Rs 2,193 crore.