The mystery behind record outflows from liquid funds in September2 min read 10 Oct 2018, 03:52 AM IST
The IL&FS default caused a tremor, which would have led to panic redemptions in the liquid fund market
A record ₹ 2.1 trillion flowed out of liquid and money market funds in September, shows data collated by the Association of Mutual Funds in India (Amfi). In end-August, the total assets under management in this category stood at ₹ 6.04 trillion.
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