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  • News From Press Why Mutual Fund investors are offloading focussed funds

    Why Mutual Fund investors are offloading focussed funds

    Source: Mint Jul 20, 2023

    Mutual funds: All your goals need a plan, and investment in mutual funds can help you plan your journey toward achieving them. There are different categories of Mutual funds, one of these being focussed funds that invest in a portfolio of stocks not exceeding the count of 30.

    On one hand, equity mutual funds attracted 8,637 crore in June, data released by the Association of Mutual Funds in India (Amfi) showed, while on the other, the large-cap scheme ( 2,049 crore) and focused funds ( 1,018 crore) were among the few categories which saw net outflows during June 2023. Debt-oriented schemes witnessed net outflow in the same month after witnessing two consecutive months of net inflows.

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