News From Press Investors bet big on debt funds, pour in Rs 1.77 lakh crore in FY17

Investors bet big on debt funds, pour in Rs 1.77 lakh crore in FY17

Source: Economic Times Apr 5, 2017

Investments in fixed income funds gained traction in 2016-17, with the mutual fund industry seeing an inflow of nearly Rs 1.77 lakh crore in such instruments seen as safe havens.

In comparison, investors had pumped in Rs 28,786 crore in fixed income or debt funds in 2015-16, according to mutual fund tracker, Morningstar.

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