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ICICI Direct Mutual Fund Insights June 2020 by Day Night is a document available to read on EtoBox.
What is ICICI Direct Mutual Fund Insights June 2020 about?
Central banks globally have taken strong monetary actions to support markets that saw sharp falls and recoveries from February to June 2020. Indian equity markets followed this trend, falling 35-40% before recovering 35% by mid-June. The RBI cut rates by 40 bps in May and signaled more easing if inflation stays low, focusing on reviving growth. Central government increased borrowing to fund the stimulus, but yields remained soft due to high liquidity. The mutual fund industry AUM rose as debt funds saw infl
- Author
- Day Night
- Language
- EN