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Equity mutual funds attracted Rs 28,054 crore in December, marking a decline of over 6 per cent from the preceding month, according to data released by industry body Amfi on Friday. The easing of equity inflows coincided with a marginal contraction in the mutual fund industry's overall asset base with the total Assets Under Management (AUM) slipping to Rs 80.23 lakh crore in December from Rs 80.80 lakh crore in November, reflecting the impact of heavy withdrawals from debt schemes. Overall, the mutual fund industry reported net outflows of Rs 66,591 crore during the month, largely on account of steep redemptions from debt schemes, even as equity and gold funds continued to draw investor interest, the data showed. While equity inflows softened sequentially from Rs 29,911 crore in November, though it remained higher than Rs 24,690 crore in October. Most equity sub-categories continued to see positive traction in December, barring dividend yield and ELSS (equity-linked saving schemes
Inflows in equity mutual funds dropped by 9 per cent to Rs 30,421 crore in September, data released by the Association of Mutual Funds in India (AMFI) showed on Friday. This also marks the second consecutive monthly decline in inflows. Despite the decline, this marks the 55th consecutive month of net inflows into the equity segment. According to the data, equity-oriented mutual funds witnessed an inflow of Rs 30,421 crore in September, a sharp decline from Rs 33,430 crore in August and Rs 42,702 crore in July. Within equity fund categories, the highest contribution came from Flexi Cap Funds at Rs 7,029 crore, followed by Mid Cap Funds with Rs 5,085 crore and Small Cap at Rs 4,363 crore. Besides, Large Cap Funds attracted Rs 2,319 crore. On the other hand, the debt category witnessed a massive withdrawal of Rs 1.02 lakh crore during the month under review compared to Rs 7,980 crore in the preceding month. Overall, the mutual fund industry experienced an outflow of Rs 43,146 crore i
Inflow in equity mutual funds dropped by 22 per cent to Rs 33,430 crore in August primarily due to a sharp fall in new fund offers (NFOs), data released by the Association of Mutual Funds in India (AMFI) showed on Wednesday. Also, the latest fund infusion by investors marks the 54th consecutive month of net inflows into the segment. According to the data, equity-oriented mutual funds witnessed an inflow of Rs 33,430 crore in August, a sharp decline from Rs 42,702 crore in the preceding month. Experts attributed the drop in inflows to lower new fund offers (NFOs). "The lower impact of new flow viz previous month roughly Rs 9,000 crore is to the extent of NFO's which were higher in July than August. Rest the flow momentum is steady and healthy," Akhil Chaturvedi, Executive Director and Chief Business Officer at Motilal Oswal Asset Management Company, said. "Given past trends, I was hoping for a higher SIP number which is now flat around Rs 27,000 crore. Broadly, Indian investors ...
Inflow into equity mutual funds surged 81 per cent to Rs 42,702 crore in July, fuelled by contributions from thematic and flexi cap funds, data released by the Association of Mutual Funds in India (AMFI) showed on Monday. Also, the latest fund infusion by investors marks the 53rd consecutive month of net inflows into the segment. According to the data, equity-oriented mutual funds witnessed an inflow of Rs 42,702 crore in July, a sharp increase from Rs 23,587 crore inflow seen in the preceding month. Within equity fund categories, Thematic Funds recorded the highest inflows in July, attracting Rs 9,426 crore, followed by Flexi Cap Funds (Rs 7,654 crore). In addition, Small Cap Funds (Rs 6,484 crore) and Mid Cap Funds (Rs 5,182 crore), Large & Mid Cap Fund (Rs 5,035 crore) registered robust inflows. Besides, Large Cap Funds saw net inflows of Rs 2,125 crore. Overall, the mutual fund industry experienced an infusion of Rs 1.8 lakh crore in July, higher than Rs 49,000 crore in June ..