AMFI: The flight to safety trend was witnessed in Aug 2020
Sep 09 2020
News Category: Industry Update
According to media reports, the CEO of AMFI said that the flight to safety trend was witnessed in Aug. As a result investors are changing the asset allocation in their portfolio by redeeming their investments in equity and hybrid schemes and parking money in short debt categories such as ultra-short duration, low duration and money market funds. The AMFI CEO added that it may take one more quarter to see considerable positive inflows in equity schemes.