India covid-19 2020 pandemic India

Equity funds not under redemption pressure

Reading now: 839
www.livemint.com

The Reserve Bank of India’s (RBI) monetary policy announcements on 27 March, which aim to infuse liquidity into the system, are likely to address some of the concerns of debt mutual funds reeling under redemption pressure in the wake of the Covid-19 pandemic.

According to various reports, fund houses had approached RBI seeking a separate liquidity window to address the concern of rising redemption.

The central bank had provided separate liquidity support to mutual funds during the global financial crisis of 2008, as well as during the 2013 liquidity crunch, when some categories of debt funds faced heavy redemption.

The debt as well as the equity markets are in a tizzy. Among debt fund categories, liquid funds are the worst affected. Some

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA