Gilt funds back on investors' radar on RBI's 'accommodative stance'

Scheme category sees net inflows this April, for the first time since last December

Topics
Reserve Bank of India | Markets | Market news

Chirag Madia  |  Mumbai 

Gilt funds–mutual fund schemes that invest in government securities or g-secs—logged net inflows in April for the first time since December 2020. Market participants say that the ‘accommodative stance’ adopted by the Reserve Bank of India (RBI) was the key trigger at attracting the investors in the category.

The data from Association of Mutual Funds in India (AMFI) shows that gilt funds received net inflows of Rs 1,647 crore in April. In the period between December and March, the gilt category had seen net outflows to the tune of around Rs 4,000 ...

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First Published: Thu, May 20 2021. 18:04 IST
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