Equity funds witness inflows of Rs 4432 crore in December 2019
The net Assets under Management (AUM) of the mutual fund (MF) industry declined 1.9% (by Rs 0.51 lakh crore) to Rs 26.54 lakh crore in December 2019 over November 2019. The average net AUM of the industry grew by 1.2% rise (by Rs 0.32 lakh crore) to Rs 27.26 lakh crore in December 2019 compared with November 2019.Net outflow in the industry stood at Rs 0.62 lakh crore in December 2019, against net inflows of Rs 0.54 lakh crore in November 2019. The overall mutual fund folios rose 0.7% to 871.3 lakh end December 2019 over 865.2 lakh end November 2019.
AUM of the Income/Debt Oriented Schemes declined 5.5% (by Rs 74269 crore) to Rs 12.78 lakh crore in December 2019 over November 2019. Meanwhile, Income/Debt Oriented Schemes registered a net outflow of Rs 78940 crore in December 2019. Net inflows in Income/Debt Oriented Schemes totaled to Rs 75383 crore in April-December 2019. The number of folios in the Income/Debt Oriented Schemes moved up 1.1% to 70.90 lakh end December 2019.
AUM of the Growth/Equity Oriented Schemes increased 1.0% (by Rs 8231 crore) to Rs 8.04 lakh crore in December 2019 over November 2019. Meanwhile, Growth/Equity Oriented Schemes registered a net inflow of Rs 4432 crore in December 2019. Net inflows in Growth/Equity Oriented Schemes totaled to Rs 51834 crore in April-December 2019. The number of folios in the Growth/Equity Oriented Schemes increased 0.5% to 625.13 lakh end December 2019.
AUM of the Hybrid Schemes rose marginally by Rs 68 crore to Rs 3.58 lakh crore in December 2019 over November 2019. Meanwhile, Hybrid Schemes registered a net outflow of Rs 1184 crore in December 2019. Net inflows in Hybrid Schemes totaled to Rs 13440 crore in April-December 2019. The number of folios in the Hybrid Schemes eased 0.2% to 95.29 lakh end December 2019.
AUM of the Solution Oriented Schemes increased 5.8% (by Rs 1042 crore) to Rs 0.19 lakh crore in December 2019 over November 2019. Meanwhile, Solution Oriented Schemes registered a net inflow of Rs 974 crore in December 2019. Net inflows in Solution Oriented Schemes totaled to Rs 2194 crore in April-December 2019. The number of folios in the Solution Oriented Schemes increased 0.7% to 54.32 lakh end December 2019.
AUM of the Other Schemes increased 8.0% (by Rs 14329 crore) to Rs 1.94 lakh crore in December 2019 over November 2019. Meanwhile, Other Schemes registered a net inflow of Rs 12939 crore in December 2019. Net inflows in Other Schemes totaled to Rs 39603 crore in April-December 2019. The number of folios in the Hybrid Schemes increased 8.8% to 25.59 lakh end December 2019.
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