Equity fund mobilisation slows in October, shows Amfi data

In the current financial year, equity funds mobilised over Rs 30,817 crore per month, on average

The volatility in the Indian equity markets has led to a slowdown in mobilisation by equity funds, with inflows trending downward in the past few months as lump-sum investors have stayed away due to lofty valuations.

According to data from the Association of Mutual Funds in India (Amfi), equity funds mobilised Rs 28,671.39 crore in October, against Rs 36,656.66 crore in September. In the current financial year, equity funds have mobilised over Rs 30,817 crore per month on average.

Between July and September, mobilisation rose above Rs 30,000 crore each month as investors favoured the new fund offer (NFO) route— inflows touched