News From Press Domestic mutual funds report higher redemption in December

Domestic mutual funds report higher redemption in December

Source: The Economic Times Jan 19, 2021

The domestic mutual funds are witnessing rising redemption pressure at a time when the equity indices are trading at record levels. Their three-month rolling average of equities sold reached to Rs 71,680 crore in Dec ember 2020, the highest since the data was first made available by SEBI in 1999. It includes exposure of equity funds, index funds, exchange traded funds, and balance funds.

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