Several debt fund categories saw net outflows in November as investors moved the money into equity funds after the markets came off as much as 9 per cent from the peak in October.
High redemptions were seen in overnight funds, low-duration funds, and floater funds.
“One of the reasons for net outflows from most of the categories could be investors preferring to redeem their debt investments to invest in equities, which after a strong rally, witnessed some correction in November, thus providing a good entry point,” said Himanshu Srivastava, associate director-manager research at Morningstar.
The benchmark indices ended November with 4 per cent

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