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By:

Bhalchandra Chorghade

11 August 2025 at 1:54:18 pm

Applause for Cricket, Silence for Badminton

Mumbai: When Lakshya Sen walked off the court after the final of the All England Badminton Championships, he carried with him the disappointment of another near miss. The Indian shuttler went down in straight games to Lin Chun-Yi, who created history by becoming the first player from Chinese Taipei to lift the prestigious title. But the story of Lakshya Sen’s defeat is not merely about badminton final. It is also about the contrasting way India celebrates its sporting heroes. Had the same...

Applause for Cricket, Silence for Badminton

Mumbai: When Lakshya Sen walked off the court after the final of the All England Badminton Championships, he carried with him the disappointment of another near miss. The Indian shuttler went down in straight games to Lin Chun-Yi, who created history by becoming the first player from Chinese Taipei to lift the prestigious title. But the story of Lakshya Sen’s defeat is not merely about badminton final. It is also about the contrasting way India celebrates its sporting heroes. Had the same narrative unfolded on a cricket field, the reaction would have been dramatically different. In cricket, even defeat often becomes a story of heroism. A hard-fought loss by the Indian team can dominate television debates, fill newspaper columns and trend across social media for days. A player who narrowly misses a milestone is still hailed for his fighting spirit. The nation rallies around its cricketers not only in victory but also in defeat. The narrative quickly shifts from the result to the effort -- the resilience shown, the fight put up, the promise of future triumph. This emotional investment is one of the reasons cricket enjoys unparalleled popularity in India. It has built a culture where players become household names and their performances, good or bad, become part of the national conversation. Badminton Fights Contrast that with what happens in sports like badminton. Reaching the final of the All England Championships is a monumental achievement. The tournament is widely considered badminton’s equivalent of Wimbledon in prestige and tradition. Only the very best players manage to reach its final stages, and doing it twice speaks volumes about Lakshya Sen’s ability and consistency. Yet the reaction in India remained largely subdued. There were congratulatory posts, some headlines acknowledging the effort and brief discussions among badminton enthusiasts. But the level of national engagement never quite matched the magnitude of the achievement. In a cricketing context, reaching such a stage would have triggered days of celebration and analysis. In badminton, it often becomes just another sports update. Long Wait India’s wait for an All England champion continues. The last Indian to win the title was Pullela Gopichand in 2001. Before him, Prakash Padukone had scripted history in 1980. These victories remain among the most significant milestones in Indian badminton. And yet, unlike cricketing triumphs that are frequently revisited and celebrated, such achievements rarely stay in the mainstream sporting conversation for long. Lakshya Sen’s journey to the final should ideally have been viewed as a continuation of that legacy, a reminder that India still possesses the talent to challenge the world’s best in badminton. Instead, it risks fading quickly from public memory. Visibility Gap The difference ultimately comes down to visibility and cultural investment. Cricket in India is not merely a sport; it is an ecosystem built over decades through media attention, sponsorship, and mass emotional attachment. Individual sports, on the other hand, often rely on momentary bursts of recognition, usually during Olympic years or when a medal is won. But consistent performers like Lakshya Sen rarely receive the sustained spotlight that their achievements deserve. This disparity can also influence the next generation. Young athletes are naturally drawn to sports where success brings recognition, financial stability and national fame. When one sport monopolises the spotlight, others struggle to build similar appeal. Beyond Result Lakshya Sen may have finished runner-up again, but his performance at the All England Championship is a reminder that India continues to produce world-class athletes in disciplines beyond cricket. The real issue is not that cricket receives immense attention -- it deserves the admiration it gets. The concern is that athletes from other sports often do not receive comparable appreciation for achievements that are equally significant in their own arenas. If India aspires to become a truly global sporting nation, its applause must grow broader. Sporting pride cannot remain confined to one field. Because somewhere on a badminton court, an athlete like Lakshya Sen is fighting just as hard for the country’s colours as any cricketer on a packed stadium pitch. The only difference is how loudly the nation chooses to cheer.

Equity MFs inflow drops 26 pc to Rs 29,303 cr in Feb; SIP hit 3-month low

  • PTI
  • Mar 12, 2025
  • 3 min read

Updated: Mar 13, 2025


SIP hit 3-month low

New Delhi: Inflow in equity mutual funds dropped 26 per cent to Rs 29,303 crore in February, primarily due to a significant decline in investments in small and midcap schemes, amid continued market volatility.

This was the second consecutive month of decline in inflow in equity funds. The latest fund infusion by investors also marks the 47th consecutive month of net inflows into the segment.

Moreover, inflows into systematic investment plans (SIP) came at Rs 25,999 crore in February, making it three months low. Before this, SIP inflow was Rs 26,400 crore in January and Rs 26,459 crore in December.

"The SIP inflows have come down, but the drop is not significant, partly due to February being a shorter month as compared to January," Suranjana Borthakur, Head of Distribution & Strategic Alliances at Mirae Asset Investment Managers (India), said.

According to data released by Association of Mutual Funds in India (Amfi) on Wednesday, equity-oriented mutual funds saw an inflow of Rs 29,303 crore in February, way lower than Rs 39,688 crore registered in January and Rs 41,156 crore in December.

However, the pace of investments moderated compared to the previous month due to increased market uncertainty and a broader correction in equities.

"While short-term headwinds have tempered investment flows, domestic investor confidence remains strong, as indicated by continued inflows. Investors are adopting a cautious yet steady approach, reassessing their portfolios while maintaining long-term investment commitments," Nehal Meshram, Senior Analyst - Manager Research at Morningstar Investment Research India, said.

Akhil Chaturvedi, Executive Director & Chief Business Officer, Motilal Oswal AMC, said that continuous monthly market correction has led to a slowdown of sales in February, this could also be partially attributed to a truncated month. Investors are being cautious in allocations and may postpone or stagger in the near future. Having said so, net sales of Rs 30,000 crore are also pretty healthy and the broader sentiment looks optimistic from a long-term wealth creation perspective.

Also, the sharp decline was attributed to reduced inflows in mid and small-cap funds, which saw a drop to Rs 3,406 crore and Rs 3,722 crore in February, compared to Rs 5,147 crore and Rs 5,720 crore in January, respectively. In large-cap funds, inflows totalled Rs 2,866 crore, down from Rs 3,063 crore in January.

Within the equity categories, sectoral/thematic funds witnessed the highest net inflow of Rs 5,711 crore, followed by Flexi Cap Funds with Rs 5,104 crore.

Apart from equities, gold exchange-traded funds (ETFs) saw an inflow of Rs 1,980 crore against Rs 3,751 crore in January.

However, debt mutual funds registered an outflow of Rs 6,525 crore last month in February, a sharp reversal from the strong inflows of Rs 1.28 lakh crore in the preceding month.

Despite the outflows, liquid funds saw the inflow at Rs 4,977 crore, followed by corporate bond funds (Rs 1,065 crore) and short-duration funds (Rs 473 crore). However, several short-term debt categories witnessed heavy redemptions, with ultra-short duration funds (Rs 4,281 crore), money market funds (Rs 276 crore), low-duration funds, and overnight funds (Rs 2,264 crore) seeing the highest outflows. Together, these four categories accounted for 90 per cent of total redemptions, Meshram said.

Of the 16 debt categories, 10 recorded net outflows, indicating that the bulk of redemptions were concentrated in short-duration funds.

Overall, mutual funds attracted over Rs 40,000 crore in the month under review compared to a staggering inflow of Rs 1.87 lakh crore in January suggesting a cautious approach from investors in the mutual funds space.

This slump in inflow has pulled the overall assets under management of mutual funds down 4 per cent to Rs 64.53 lakh crore in February-end compared to Rs 67.25 lakh crore in the preceding month.

This comes in the backdrop of global uncertainties and macroeconomic factors, which led to a slump in benchmark index Sensex by 5.5 per cent in the month.

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