Funds lap up debt as stocks slump

Image
Press Trust Of India New Delhi
Last Updated : Jan 29 2013 | 2:16 AM IST

A bulk of the mutual fund money is flowing towards debt and balanced products in view of the excessive volatility in stock markets, said experts.

“Markets have fallen 30 per cent since January and a lot of conservatism has crept into investors. People in 2006-07 were making money out of equity, but now they are going more for fixed maturity plans and debt investments because they will provide surety of money,” said Value Research CEO Dhirendra Kumar. He said, in the present market, popularity of systematic investment plans (SIPs) has increased.

“People interestingly are looking for greater capital protection and are investing more into fixed maturity plans (FMPs). They are also going in for a lot of balanced products and systematic investment plans,” UTI Mutual Fund Chief Marketing Officer Jaideep Bhattacharya said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 02 2008 | 12:00 AM IST

Next Story