• SENSEX
    NIFTY 50
VIDEOS
Finance

April MF data: Dip MoM; considerable gains in equities & fixed income, says IDFC AMC CEO

Updated : May 11, 2021 15:08:28 IST

There are considerable gains in both equities as well as fixed income, said Vishal Kapoor, CEO of IDFC AMC, on Tuesday.

April mutual fund data shows a net equity inflow of Rs 1,783.1 crore versus Rs 7,376.1 crore month on month.

Speaking in an interview with CNBC-TV18, he said, “There are considerable gains in both equities as well as fixed income and at an aggregate level the industry has gained almost 1 crore of assets. So nice bump up in a month.”

“However, month on month there is a slight dip, but need to keep in mind the overall business as well as investor sentiment in April. We were and have been in the middle of a full-blown pandemic with a lot of distribution effort as well as personal finance investment type decisions been relegated and given all of that to have net equity inflows in a month like April would still be, to my mind, a fairly positive picture,” he said.

For the entire interview, watch the video
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement