Equity MFs
Live MintNet flows into equity mutual funds rose to a four-month high of ₹11,615 crore in November on a strong SIP book despite extreme volatility in markets. Even though we are not expecting end of bull markets, we are expecting relatively moderate returns in the next twelve months," said Ashutosh Bhargava, Fund Manager and Head Equity Research, Nippon India Mutual Fund. This way a committed sum can be systematically transferred from debt to equity funds and may help investors to achieve desired rupee cost averaging if market consolidation plays out,” he advised. “In our opinion, greater financialization of savings, low interest rates on Fixed Deposits & other fixed income instruments and lacklustre returns from gold over the last 1 year seem to have propelled retail investor participation in equities,” said Yogesh Kalwani, Head – Investments, InCred Wealth