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₹1.95 lakh crore outflow in March

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NEW DELHI : Mutual funds focussed on investing in fixed-income securities saw a massive outflow of ₹1.95 lakh crore in March, after pulling out ₹28,000 crore in the preceding month, mainly on account of withdrawal from liquid funds.

Most individual categories that invest in fixed-income securities or debt funds saw outflows. However, overnight category managed to see positive inflow.

According to Association of Mutual Funds in India (Amfi), mutual funds that invest in fixed-income securities saw an outflow to the tune of ₹1.95 lakh crore last month as compared to a withdrawal of nearly ₹28,000 crore in February.

In January, the segment had witnessed a fund infusion of ₹1.09 lakh crore. The decline from debt side is a quarter-end phenomena

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