In September 2020, the mutual fund industry saw a net outflow of approx. INR 52,000 Crs with a decrease in the Avg. AUM by 0.14%.
Notably, in the Debt category, Liquid Funds faced heavy outflows on account of advance tax payments in the quarter end.
Do have a look at a brief analysis of the Mutual Fund Flows of September 2020 for more information.
Knowledge Series: October Surprise
This year has already been an exceptional year for surprises from COVID and Lockdowns to crashing economies, and now we have the US Elections.
The run up to the elections have already started with news of Trump’s COVID results coming positive. What more do we have in store for the “October Surprise” in the much anticipated US Elections of 2020?
Here is a look at the US Equity markets over the last 30 years in the month of October, in an Election Year versus a Non- Election Year.