After net outflows in September, most of the debt-oriented categories witnessed net inflows in the month of October. Liquid Fund category was the biggest beneficiary followed by Money Market Fund and Short Duration Fund, according to AMFI’s monthly data for October 2020.
Commenting on the same, Himanshu Srivastava, Associate Director – Manager Research, Morningstar India, said, “Investors continue to focus on fixed income categories having relatively shorter duration profile. Hence, significant flows have come in Ultrashort, Low Duration, Money Market and Short Duration Funds.
