MFs see Rs 16K cr inflow in Sep; Rs 2.34 lakh-cr in H1 FY'16

Image
Press Trust of India New Delhi
Last Updated : Oct 25 2016 | 6:28 PM IST
Investors pumped in over Rs 16,000 crore into various mutual fund schemes in September, with liquid or money market segment contributing the most to the inflow.
With this, the total net inflow in mutual fund schemes has reached Rs 2.34 lakh crore in the April-September period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 80,895 crore in the year-ago period.
According to the data from the Association of Mutual Funds in India (Amfi), investors have poured in a net Rs 16,071 crore in MF schemes last month as compared to Rs 25,332 crore in the preceding month.
Prior to that, mutual fund schemes had witnessed an inflow of Rs 1.03 lakh crore.
The latest inflow has been mainly driven by contribution from liquid or money market segment. Besides, equity schemes continued to witness positive inflow.
Liquid or money market segment witnessed Rs 19,630 crore being poured in last month, while equity and equity-linked schemes saw net inflows of Rs 3,743 crore. In addition, balanced fund saw net inflow of Rs 3,275 crore.
However, income fund or debt schemes saw an outflow of over Rs 11,000 crore.
Overall, the asset base of the country's fund houses increased to Rs 15.80 lakh crore last month from Rs 15.63 lakh crore in August-end.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 25 2016 | 6:28 PM IST

Next Story