You get mix up with your logic. We were talking about the reason for fund outflow, due to bad performance of the funds prior 12 months or so. By logic if funds do better outflow will reverse. As you guys were saying why will retail investor hand over the funds some one under performing.
The December outflow is due ad performance of MFG funds in January to November 21. But if December 21 performance of the portfolio is the indication of the future performance, sometime later this year outflow has to stop and reverse.
Ann: Funds Under Management - December 2021, page-71
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