Mutual fund industry sees Rs 2.35 lakh crore net inflow in July, AUM at Rs 85.76 lakh crore: AMFI data
New Delhi, Aug 11
Mutual fund schemes in India recorded a net inflow of Rs 2.35 lakh crore in July, while assets under management rose to Rs 85.76 lakh crore, according to data released by the Association of Mutual Funds in India on Tuesday.
The strong inflows were led by debt-oriented schemes which received a net Rs 1.88 lakh crore during the month.
Meanwhile, equity-oriented schemes also remained in positive territory and attracted Rs 24,697 crore in net inflows in July.
In addition, the total AUM of mutual fund schemes stood at Rs 85,75,656.52 crore as of July 31, compared with average AUM of Rs 86,33,798.38 crore during the month.
Moreover, open-ended schemes accounted for the bulk of the industry's assets and inflows. They recorded net inflows of Rs 2,36,595 crore, taking their AUM to Rs 85,59,041 crore.
Among equity-oriented schemes, small-cap funds attracted the highest net inflow at Rs 7,767.50 crore, followed by mid-cap funds at Rs 6,192.31 crore and flexi-cap funds at Rs 4,709.08 crore.
Large and mid-cap funds saw net inflows of Rs 3,425.34 crore, while multi-cap funds received Rs 3,227.29 crore.
Meanwhile, sectoral and thematic funds recorded a net inflow of Rs 1,328.27 crore.
However, large-cap funds witnessed a net outflow of Rs 1,321.69 crore during the month. ELSS funds saw an outflow of Rs 959.13 crore, while dividend-yield funds registered an outflow of Rs 169.16 crore.
Hybrid schemes recorded a net inflow of Rs 11,490.56 crore in July and arbitrage funds accounted for the largest share with Rs 6,502.44 crore, followed by multi-asset allocation funds with Rs 3,753.38 crore.
Among other schemes, ETFs recorded a net inflow of Rs 9,512.05 crore, while Gold ETFs attracted Rs 1,558.75 crore.
Similarly, index funds saw a net inflow of Rs 1,536.60 crore.
Within debt-oriented schemes, liquid funds attracted the highest net inflow of Rs 1,19,065.85 crore, followed by overnight funds at Rs 40,412.55 crore and money market funds at Rs 21,180.23 crore
The total number of mutual fund folios stood at 28.09 crore as of July 31.
— IANS
Reader Comments
As a salaried middle-class person, I'm happy to see small-cap funds getting so much attention. But a word of caution to fellow investors—small caps are volatile! Don't put all your savings there just because of recent returns. Diversify, folks! 📈
Interesting that large-cap funds saw outflows while small and mid-caps are getting inflows. Seems like investors are chasing returns rather than stability. Not sure if that's a good sign for the market overall. Let's hope SEBI keeps an eye on this trend.
The sheer scale of the Indian mutual fund industry is impressive! 28 crore folios and Rs 85 lakh crore AUM—that's a lot of trust in the financial system. It's great to see the culture of investing thriving in India, especially among younger people. 🇮🇳
This is great news but I can't help wondering—are these inflows sustainable? The debt fund figure (Rs 1.88 lakh crore) clearly shows institutions parking money for short-term gains. Retail investors should remain cautious and focus on long-term goals. SIP continue, but don't expect this pace every month!
Love seeing the growing interest in mutual funds! However, I'm a bit concerned about the outflow from ELSS (tax-saving funds). People might be ignoring tax planning or switching to other instruments. Hope financial literacy continues to improve in our country. 🙏
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