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Be careful on corporate debt investments: Sebi to MFs

 
 
Besides, folios held by high networth individuals (HNIs), or those investing Rs 5 lakh or more crossed the 18 lakh mark.
This also marks the first outflow since May 2014, when MFs had pulled out Rs 1,078 crore. Prior to that, they had been continuously infusing money into stock markets.
The industry body has sought more tax incentives on ELSS, pension products and infrastructure debt mutual funds.
 
 
This was the first outflow since May 2014, when MFs had pulled out Rs 1,078 crore. Prior to that, they had been continuously infusing money in stock markets.
Industry experts said that fund managers have been raising their allocation in software stocks due to declining rupee against the US dollar.
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