Mutual Fund Flows – December 2020

January 12, 2021

The Mutual Fund industry ended the year 2020 with an average AUM of 30.96 Lakh crores in the month of December.

Soaring equity markets provided an opportunity for a lot of investors to book profits which was clearly visible from heavy redemptions across equity mutual fund categories. However sectoral and thematic funds still lured interest of investors with a positive inflow.

Anticipation of rate hike in credit policy due to heavy liquidity and fear of inflationary pressure had led to increase in yields and as a result decrease in returns in the first half of December. As a result, categories like Ultra Short Duration, Low duration and money markets faced heavy redemptions.

Liquid and Overnight funds saw inflows as these categories are used by companies to park their short-term money.

Sovereign Gold Bonds

January 8, 2021

Add the sheen of Gold to your Investments with the Sovereign Gold Bond Funds.

With the Government of India’s Sovereign Gold Bonds Scheme you can earn an assured interest rate eliminating risk and cost of storage.

Benefits of investing in SGBs:

  • Attractive Interest with asset appreciation opportunity
  • Redemption linked to Gold Price
  • Elimination of risk and cost of storage
  • Exempt from Capital gains tax, if held till maturity