Mutual Fund Flows – May 2021

June 11, 2021

Equity mutual funds saw sharp inflows, an indication that with receding pandemic numbers, people are renewing faith in the markets.

The biggest gainers in the equity category were ETFs, Index funds and Funds investing overseas. Arbitrage funds due to its tax advantage over liquid and ultra short term funds grew by INR 4,521 crs.

The Debt funds have been out of flavour due to lower returns. The biggest loser’s were liquid and overnight funds along with FMPs. The total debt funds outflows were INR 44,512 crs.

For all this and much more please go through our “Mutual Fund Flows – May 2021.” 

MF-FLows-May-2021Download

Higher Borrowing – RBI Move Awaited

May 12, 2020

The government on Friday evening steeply revised upwards its 2020-21 borrowing programme by 53.85% to Rs 12 lakh crore. It was earlier estimated to be Rs 7.8 lakh crore, indicating that the Centre is giving shape to an imminent and sizeable fiscal package to arrest the COVID-19 related slowdown.

The above revision in borrowings has been necessitated on account of the COVID-19 pandemic.

Here is our take on the revised borrowings and what RBI can do next…

Higher-Borrowing-Rbi-move-awaitedDownload