A bulk of the mutual fund money is flowing towards debt and balanced products in view of the excessive volatility in stock markets, said experts.
“Markets have fallen 30 per cent since January and a lot of conservatism has crept into investors. People in 2006-07 were making money out of equity, but now they are going more for fixed maturity plans and debt investments because they will provide surety of money,” said Value Research CEO Dhirendra Kumar. He said, in the present market, popularity of systematic investment plans (SIPs) has increased.
“People interestingly are looking for greater capital protection and are investing more into fixed maturity plans (FMPs). They are also going in for a lot of balanced products and systematic investment plans,” UTI Mutual Fund Chief Marketing Officer Jaideep Bhattacharya said.
