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  • News From Press We will see money flowing in ELSS in January, February and March: AMFI CEO

    We will see money flowing in ELSS in January, February and March: AMFI CEO

    Redemption pressure only due to profit-booking, says NS Venkatesh.
    The Economic Times Jan 9, 2021

    Hopefully, the flexi-cap category would come sometime during the end January or February, says NS Venkatesh, CEO, AMFI.
    Why are we seeing redemption pressure? What is the primary worry for investors?
    I would say that we had a mixed year last year and the redemptions in the equity schemes started mainly because the markets were touching new highs every now and then and so the people were planning to take out their money of encashing their profits and partly because some of them would have met their goals.

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