Jonagadla: As market conditions evolve and with potential central bank policy adjustments on the horizon, the appeal of debt instruments may be revitalized
FinTech BizNews Service
Mumbai, April 10, 2024: The AAUM for March 2024 is Rs 55,00,727.56 crores and for February 2024 was Rs 54,52,487.01 crores, according to the Association of Mutual Funds in India (AMFI) Monthly Data for March 2024. Karthick Jonagadla, smallcase Manager and Founder, Quantace Research, explains: “Considering the latest mutual fund inflow data for March 2024, it's essential to view the month's decrease in equity inflows within the context of the fiscal year's close, rather than as a negative trend. The steadfastness of SIP contributions, consistently exceeding Rs190 billion for two months, signals a shift towards a more disciplined investment strategy among investors. This disciplined approach is further exemplified by the increased preference for equities, driven by their strong performance over the past year, indicative of investors conducting regular portfolio assessments and adjustments. Nonetheless, we should maintain a balanced outlook; as market conditions evolve and with potential central bank policy adjustments on the horizon, the appeal of debt instruments may be revitalized.”
