The proportion of long-term assets in equity mutual funds has been on the decline.
Mutual funds’ equity assets worth Rs 5.03 trillion, or 50.61 per cent of the total equity assets, have been around for up to only 12 months. A total of Rs 3.17 trillion (31.89 per cent) is six months old or younger, shows March-end data from Association of Mutual Funds in India (AMFI), the industry body.
Corporate investors are those amongst whose investments have been around for the least time. Nearly 70 per cent of existing corporate investments were made only in the last one year, shows