 "Instead of liquidating their mutual funds, the LAMF model allows investors to leverage their portfolio to access credit and meet short-term funding needs.")
Inflows into value and contra funds surged from Rs 1,141 crore in August to Rs 2,108 crore in September, an 84.7 per cent month-on-month increase, according to data from the Association of Mutual Funds in India (Amfi). Thirty-nine funds in this category have total assets under management (AUM) of Rs 2.07 trillion.
“The increase indicates a recovery from the low levels seen in the June quarter. Flows have returned to levels seen in March,” says Piyush Gupta, director – financial services, Crisil Intelligence.
Over the medium to long term (five, 10 and 20 years), value funds have delivered
