Page 2 - Fixed Income
Outflows in debt MFs continue, Rs 13,815-crore withdrawn in February
Mutual funds focussed on investing in fixed-income securities witnessed an outflow of Rs 13,815 crore in February, making it the third month of withdrawals in a row despite expectations that the rate hike cycle was nearing its end. In comparison, such funds saw an outflow of Rs 10,316 crore in January and Rs 21,947 crore in December. Prior to that, debt funds saw a net infusion of Rs 3,668 crore in November 2022, data from the Association of Mutual Funds in India (Amfi) showed. Of the 16 fixed-income or debt fund categories, nine witnessed net outflows during the month under review and the remaining six saw inflow. The heavy withdrawal was seen from liquid funds. Overall, debt funds continued to witness outflows at Rs 13,815 crore during the period under review. "With the central bank's focus on moderating inflation, the monetary policy has been tailored to ensure a disinflation process. Despite expectations around the February rate hike of 25 basis points likely being amongst the
 "Outflows in debt MFs continue, Rs 13,815-crore withdrawn in February")
Fixed income returns in India to surge, prompt higher investments: Analysts
Meanwhile, returns stagnated in 2020 and 2021 with low yields, after the pandemic led to massive rate cuts
 "Fixed income returns in India to surge, prompt higher investments: Analysts")
Fixed investment tenor of 10 years under guaranteed return scheme: PFRDA
Only those investors who remain invested for 10 years will get a guaranteed return and if the actual return falls below the assured amount, pension fund managers shall bridge the gap
 "Fixed investment tenor of 10 years under guaranteed return scheme: PFRDA")
In catch-up game, LIC MF aims to enter big boys' club in next 5 yrs
LIC AMC, which has been stuck with fixed income schemes for long, has filed for three new schemes in the debt equity and money market spaces and has 26 schemes running now
 "In catch-up game, LIC MF aims to enter big boys' club in next 5 yrs")
Russia-Ukraine crisis: Investors are seeking refuge in fixed-income options
RBI's floating rate bond is a safe and long-duration product you may enter into at present
 "Russia-Ukraine crisis: Investors are seeking refuge in fixed-income options")
Near term benchmark G-sec yield seen between 7.35%-7.65%: Avnish Jain
Interview with Head - Fixed Income, Canara Robeco Mutual Fund
 "Near term benchmark G-sec yield seen between 7.35%-7.65%: Avnish Jain")