The share of retail assets in equity schemes in the mutual fund (MF) industry saw a dip in the September quarter, with investors booking profits amid the recent uptick in markets.
In Q2, the share dipped to 52 per cent from 55 per cent in the June 2019 quarter. Industry observers said retail investors, who had made allocations to mid- and small-cap funds between 2016 and 2017 on the expectation of a broader market rally, are now looking at opportunities to exit. “However, more serious retail investors are likely to keep their investments intact, aligned to their ...
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