Market rebound and attractive smallcap and midcap returns, monthly net SIP additions hit a six-month high of 1.3 million, pushing total monthly contributions to a record ₹32,297 crore
Strong investor interest in mid-cap and small-cap funds lifted equity mutual fund inflows nearly 19 per cent from July, even as overall mutual fund inflows fell sharply
Flows via systematic investment plans, the preferred route for retail investors, marked a 1.1% increase in contributions to ₹32,297 crore ($3.39 billion) last month
ICICI Prudential Mutual Fund, SBI Mutual Fund and Nippon India Mutual Fund accounted for over 52 per cent of total institutional allocations
Direct-plan retail AUM rose from ₹1.6 trillion in March 2021 to almost ₹7 trillion in March 2026, according to AMFI data
Growth was largely driven by mark-to-market gains amid a rally in key global markets and rising investor interest in overseas schemes as domestic markets underperformed
Market experts anticipate the stock could face further volatility till the announcement of his successor
Fund managers lap up bluechip stocks amid a sharp decline in valuations
Smallcap is the only equity category where SIP-linked assets account for more than half of total AUM
Smallcap schemes look to lock in long-term gains
The outflow came even as the Nifty 50 rose 2 per cent in July, supported by a sharp rally in information technology stocks, which recorded their best monthly gain in six years
The money can be traced and claimed through official platforms by following a few steps
Redemptions rise across most categories as market recovers
How the continuing reforms in the MF space have created an over ₹82 trillion powerhouse
The mutual fund industry had 278.6 million folios at the end of June, with Nippon India MF accounting for 14.4 per cent (40.2 million folios) of the total
SBI MF, Kotak MF line up launches as ICICI Pru completes NFO
The central bank has proposed a one-time approval mechanism for mutual funds, insurers and pension funds to acquire major shareholding in banks, replacing repeated approvals
Joint CEO D P Singh said the offering is expected to encourage more companies to tap the primary market
Despite bouts of volatility, the equity market ended June on a positive note, with the Nifty50 gaining 1.4 per cent as easing oil prices and receding tensions in West Asia lifted sentiment
Midcap and smallcap funds have done better in recent times