Driven by investments in liquid schemes as also banking and PSU funds, debt mutual funds saw an inflow of Rs 1.1 trillion in three months ended June 2020 after witnessing massive redemptions in the preceding quarter.
Most individual categories that invest in fixed-income securities, or debt funds, saw inflows. However, credit risk, overnight, ultra-short duration, medium duration and dynamic bond funds saw withdrawals.
The positive inflow pushed the asset base of debt mutual funds to Rs 11.63 trillion at June-end from Rs 11.5 trillion at the end of March, according to data with Association of Mutual Funds on India (Amfi).