Last Updated: Sunday, February 10, 2013, 19:20
"There is redemption pressure seen in the equity mutual funds as investors are exiting by booking profit after the rise in benchmark indices like Sensex and Nifty. I think, this trend is likely to continue till the Sensex shows some signs of stabilisation beyond 20,000 mark," LIC Nomura Mutual Fund Chief Executive Officer Nilesh Sathe said.