While debt mutual funds have outperformed their equity peers in the past two months, the former should not be considered a substitute for the latter. Asset allocation remains a crucial aspect of financial planning and investors should look for opportunities in both the asset classes to maximise their gains.
Debt mutual fund schemes have witnessed inflows of a whopping Rs 1.5 lakh crore in April and May, massively outperforming equity mutual funds with just over Rs 7,200 crore inflows acr ..