While flows into midcap and smallcap funds are turning positive, hybrid funds like balance advantage funds are rock solid. It bodes well that the trend is turning industry wise, says Radhika Gupta, MD & CEO, Edelweiss AMC.
Could you talk to us about the equity outflows that continued in February though the velocity was lower?
Equity numbers were in aggregate about Rs 10,000 crore negative. If you add all categories, hybrid funds and solution funds and international funds, you are probably looking at a net outflow of Rs 7,000-8,000 crore.