Slowdown In New SIPs, MFs Take A Hit, Which Is The Attractive Asset Class?



#MutualFunds #Stocks #Equities #MFs #NSE #BSE #Nifty #Sensex #Markets #AMFI #Crypto #Binance #WazirX
The pace of flows into equity mutual fund schemes slowed in July as investors refrained from fresh purchases even amid the rebound in the stock market. Flows into equity schemes in July dropped 42%. The investments by new investors in SIPs also saw a sharp decline. Are Mutual Funds which were the go-to investment for many for the past 2 years not attractive anymore? Feroze Azeez, Deputy CEO, Anand Rathi Wealth Management talks about these trends.

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