Tag: equity mutual funds

Equity mutual funds witnessed a net inflow of over Rs 10,000 crore in May, making it the third consecutive monthly infusion. This is a 14-month high i.e. highest since March 2020. This was way higher than Rs 3,437 crore net inflow seen in April and Rs 9,115 crore in March Prior to this, equity schemes had consistently witnessed outflow for eight straight months from July 2020 to February 2021. On the other hand, investors pulled out Rs 44,512 crore from debt mutual funds last month after infusing over Rs 1 lakh crore in April. Overall, the mutual fund industry witnessed an outflow of Rs 38,602 across all segments during the period under review, compared to an inflow of Rs 92,906 crore in April. As per the data, inflow from equity and equity-linked open-ended schemes was at Rs 10,083 crore in May. Read more

In February Equity mutual funds witnessed an outflow of Rs 10,468 crore making it the eighth consecutive monthly withdrawal. The Flexi cap category accounted for most of the outflow. Overall, the mutual fund industry witnessed a net outflow of Rs 1,843 crore across all segments during the period under review, compared to Rs 35,586 crore in January. Despite the outflow, asset under management (AUM) of the mutual fund industry rose to Rs 31.64lakh crore in February-end from Rs 30.5 lakh crore in January-end. As per the data, the outflow from equity and equity-linked open-ended schemes was at Rs 10,468 crore in February compared to Rs 9,253 crore in January. Barring multi-cap, large & mid-cap and focussed fund categories, all the equity schemes have seen outflow last month. The newly created Flexi cap category saw a maximum outflow of Rs 10,431 crore. Read more