03 July 2019

Stay Invested to Steer Out Of Uncertain Times

Yagnesh Kansara
So, what is the message we are getting from these two different examples. It is loud and clear. From the first scene, we can see the fund raising activity through SIP and other routes into MFs have slowed down and the road ahead may encounter troubles if not a difficult path. In the second scene, we saw the wealth manager himself advising his risk-averse parents not to increase their equity exposure further and shift to safer investment avenues like bank FDs. Data collated by Computer Age Management Services (CAMS), a Sebi-registered Registrar & Transfer Agent, suggested that net sales of Asset Management Companies (AMCs) in equity and balanced funds have drastically come down. This is the data, which shows gross sales by all the MFs minus the redemption by investors from the equity and balanced funds over a period of 14 months. Net sales, which were Rs13,850 crore in the month of...
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