Equity MFs garner Rs 14,889 cr inflows in Jan amid volatility, FPI selloff

The tally was lower than Rs 25,706 cr garnered in December 2021, but is still a respectable number considering there were no large NFOs in January, unlike the previous month

Investors poured nearly Rs 15,000 crore into equity-oriented mutual fund (MF) schemes in January, even as the markets set on a wild ride—first soaring 6 per cent and later giving up all the gains due to concerns around monetary tightening by the US Federal Reserve.

The tally was lower compared to Rs 25,084 crore garnered in December 2021. However, it is still a respectable number considering there were no large new-fund offers (NFOs) in January unlike the previous month.

More importantly, this was the 11th straight month of inflows into equity MFs. So far this financial year, equity schemes have