Page 4 - Equity Earnings

Equity flows dip 47% in Apr despite mkts seeing sharpest run-up since 2009

Debt categories continued to see redemptions. Credit risk funds saw a bulk of the outflows at Rs 19,238 crore, registering the worst month for the category in 13 months

Covid-19 impact: March meltdown sees PMS returns dropping by up to 41%

Close to 45% of multi-cap strategies fall more than respective benchmarks

Airtel mops up $2 billion at issue price of Rs 445 per share as part of QIP

Issue price was at a discount of 1.57% to the stated floor price of Rs 452.09 per equity share

Mid-and-small cap MFs hold cash positions, fund managers delay investment

Fund managers don't want to get caught in value-traps, say experts

Rerating of Indian equity?

However, this will be tested with the economy clearly in slowdown mode

ICICI Sec sees policy changes driving double-digit growth in next 3 years

That's prompted fund managers to warn that valuations are too high and led to lowering in earnings estimates this year from record levels