Top mutual funds grab larger debt share after IL&FS crisis, say experts

According to experts, larger fund houses are drawing the bulk of the flows coming into the liquid schemes, which is driving this growth

The recent volatility in the debt market has lent a helping hand to larger fund houses in increasing their market share in debt assets. The top-five mutual funds' (MFs’) share of debt assets has increased from 52 per cent at the end of August last year (before the IL&FS crisis) to 57 per cent at the end of May.

Overall, debt assets managed by these fund houses have gone up from Rs 6.2 trillion to Rs 6.7 trillion during this period, reflecting a growth of 7 per cent. 

According to experts, larger fund houses are drawing the bulk of the flows coming