Recoveries from SIP accounts in June stood at over ~10,000 crore for seventh straight month

Recoveries from SIP accounts in June stood at over Rs 10,000 crore for seventh straight month

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Net SIP inflows rise 4.9% even as gross collections rise 28%

Currently, yield to maturities (YTMs) of debt mutual funds have become very attractive, so it is a good time to add to your allocation to these funds. Instead of looking at past returns, investors should look at yield to maturity to understand the trajectory of future returns, says Manish Banthia, Deputy CIO, Fixed Income, ICICI Prudential Mutual Fund. Speaking to Sanjay Kumar Singh, Associate Editor, Business Standard, he said he expects one more rate hike of 25 basis points to be followed by a long pause. 
Watch this interview to understand where interest rates are headed and the best categories of debt mutual funds you should invest in right now.

Short duration optimised for YTM is the best strategy right now”

Redemptions rise 60% month-on-month to Rs 26,030 crore in November, the highest since September 2021

The comparatively high growth in outflows has weighed on the net inflows in equity and hybrid schemes between June and August

equity story graph

According to industry expectations, speculations over the government's decision to alter the capital gains tax framework could have prompted some investors to redeem their units

Equity Redemptions

Outflow rise from SIP accounts in H1CY24 slows growth in net inflows

Modest rise in net SIP inflows in FY24 owing to jump in redemptions by 54%

Short duration optimised for YTM is the best strategy right now”

Profit booking shrinks equity MF inflows in November to 21-month low

MFs see rise in redemption pressure amid spike in inflows across categories

January equity redemptions spurt over talk of LTCG tax in Budget 2018