Surging Inflows: Equity Mutual Funds Skyrocket 14.5% to Rs 41,156 Crore in December – A Booming Success!
In December, equity mutual funds saw a 14.5% increase in inflows, reaching ₹41,155.91 crore, up from ₹35,943.49 crore in November, according to the Association of Mutual Funds in India (AMFI). This surge was driven by a rise in investments through Systematic Investment Plans (SIPs), totaling ₹26,459 crore, compared to ₹25,320 crore the previous month. Despite this growth, the net assets under management (AUM) slightly dipped by 1.69% to ₹66,93,032.12 crore from ₹68,08,101.16 crore in November.
Sectoral and thematic equity mutual funds experienced a notable increase in inflows, doubling to ₹15,331.54 crore from ₹7,657.75 crore in November. However, Flexible Cap funds saw a slight reduction in inflows to ₹4,730.71 crore, down from ₹5,084.11 crore. Small-cap funds attracted ₹4,667.70 crore, while mid-cap funds recorded inflows of ₹5,093.22 crore. Meanwhile, multi-cap funds garnered ₹3,075.11 crore in December, compared to ₹3,626.46 crore in November.
Debt mutual funds, however, demonstrated a significant reversal, with outflows of ₹1,27,152.63 crore in December following inflows of ₹12,915.9 crore in November. Notably, shorter-duration funds like overnight funds, liquid funds, and ultra-short-duration funds also faced substantial outflows, amounting to ₹22,347.58 crore, ₹66,532.12 crore, and ₹2,410.1 crore, respectively.
Money market funds reported outflows of ₹25,842.96 crore in December, reversing from inflows of ₹2,426.11 crore in November. Hybrid mutual funds saw steady net inflows of ₹4,369.78 crore, slightly higher than November’s ₹4,123.69 crore. Meanwhile, gold exchange-traded funds (ETFs) experienced a decline to ₹640.16 crore from ₹1,256.72 crore in the previous month.
These fluctuating trends highlight investors’ shifting preferences amid evolving market dynamics.
Original Source: https://indianexpress.com/article/business/inflows-equity-mutual-funds-jump-december-amfi-9769001/
Category : Business
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Publish Date: 2025-01-09 15:45:00
