Time to rejig your portfolio? Axis MF’s top fund managers analyse

Recent data shows that mutual funds witnessed a net equity outflow of over Rs 10,000 crore in December as investors booked profits following a sharp rise in the equities market. This also marks the sixth consecutive month of withdrawal from equity mutual funds. However, overall the MF industry’s AUM scaled new highs to reach Rs 31 lakh crore in December 2020 primarily led by the inflow of equities, income, and other ETF categories.

In this episode of Mutual Fund Corner, Sumaira Abidi spoke to the brain trust of Axis Mutual Fund- the chief investment officers R Sivakumar, head of fixed income and Jinesh Gopani, head of equity to talk about how 2021 may shape up and whether retail portfolios require a rejig.