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Extent Of Outflow
The last calendar month when floater funds received a net inflow was in April 2022 when there was an inflow of Rs 1,518 crore, and at the end of the month the assets under management was Rs 82,301 crore. This was also the period when there was a lot of uncertainty in India about rising inflation and surging bond yields.
After that there has been a change in trend with the next two months seeing a sharp net outflow of Rs 5,285 crore and Rs 7,077 crore, respectively. The outflows from this category have slowed down after that in the last two months but the trend has not reversed and the outflow in August was still in excess of Rs 2,000 crore.
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