April AMFI Data - Mr. Aashish P Somaiyaa, Chief Executive Officer - White Oak Capital

"There is a significant decline in gross inflows in the month of April while quantum of redemption has remained same as last month, whereby the net flows have declined. This is also palpable from the circumspect market activity one has been witnessing ever since the second wave has emerged. Any correction could result in significant inflows as there are potential investors on the fence. The interesting trend of money being allocated to relatively newer categories like international funds and domestic index funds continues to gain traction. As market performance and corporate performance broadens it will be interesting to watch for sustainability of this trend vis-à-vis domestic active equity funds."

Source : Equity Bulls

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