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AMCs park Rs4.73 trillion in debt schemes in FY13

According to financial planners, AMCs have parked their funds in debt schemes as they offer better post-tax returns than bank deposits

May 20, 2013 3:41 IST | India Infoline News Service
Asset management companies (AMCs) made net investment of Rs. 4.73 trillion during 2012-13 in the debt market against Rs. 502.35 billion in 2000-01, according to the data compiled by SEBI (Securities and Exchange Board of India).

MFs had invested Rs. 3.35 trillion in debt-oriented schemes in FY11-12, the data indicated.

At the end of March 2013, there were a total of 1,294 schemes under mutual funds, of which 857 schemes (66% of the overall schemes) were income/debt oriented, while 347 schemes (27% of total schemes) were growth/equity related.

According to financial planners, AMCs have parked their funds in debt schemes as they offer better post-tax returns than bank deposits.

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