Equity funds saw record drop in inflows in April and debt funds struggled with lack of confidence. How are mutual funds managing these covid-19 impacts?In March we saw equity inflows in excess of ₹10,000 core, in April and May equity flows have tapered down by half.
On the debt side, March outflows were regular quarter end phenomenon. April and May combined inflows are in excess of ₹137,000 Crore.
Despite the covid-19 challenges, by and large, equity and debt flows have continued in April and May which shows investor confidence in mutual funds.
However, there is a shift towards shorter duration and higher credit quality funds on debt side.Would it be right to say that since 2018 to now, debt funds have moved from one crisis to another?There.