Mutual funds' share in CPs of NBFCs dips to 3.2% of debt assets in Sept

This figure stood at 9.5 per cent in September 2019, according to report by CARE Ratings

The percentage share of funds deployed by mutual funds in commercial papers (CPs) of non-banking financial companies (NBFCs) fell to 3.2 per cent of debt assets under management (AUMs) in September. This figure stood at 9.5 per cent in September 2018, according to a report by CARE Ratings. 

Investments in CPs of NBFCs remained flat month-on-month in September at Rs 50,000 crore, nearly half the previous year’s amount. Inves­tment by debt funds in corporate debt also remained flat in September at Rs 80,000 crore.

The proportion of CPs and corporate debt deployed together in NBFCs as a percentage of total