Mutual fund SIP inflows hit a record high of Rs 27,269 crore in June, rising 2% from Rs 26,688 crore in May. This marks the first time SIP inflows have surpassed the Rs 27,000 crore mark.
In the current calendar year, the SIP contribution has surged nearly 3% from Rs 26,400 crore in January, whereas in the current financial year, it has gained 2% from Rs 26,632 crore in April
The overall mutual fund inflows went up by 67% on a monthly basis to Rs 49,301 crore in June against an inflow of Rs 29,572 crore in May.
According to the monthly data released by the Association of Mutual Funds in India (AMFI), the net inflows in equity mutual funds have jumped by 24% to Rs 23,587 crore in June against an inflow of Rs 19,013 crore in May
All equity categories except for ELSS funds received inflows. Flexi cap funds have continued to remain investors’ favorite and received the highest inflow of Rs 5,733 crore in June. Smallcap and mid cap funds received an inflow of Rs 4,024 crore and Rs 3,754 crore, respectively.
Debt mutual funds saw an outflow of Rs 1,711 crore in June against an outflow of Rs 15,908 crore in May. Short duration funds received the highest inflow of Rs 10,276 crore, followed by money market funds, which received an inflow of Rs 9,484 crore in the same period.
Liquid funds witnessed the highest outflow of Rs 25,196 crore in June against an inflow of Rs 40,205 crore in May.
Hybrid funds saw a surge of 12% in the monthly inflows and received an inflow of Rs 23,222 crore in June against an inflow of Rs 20,765 crore in May. Arbitrage funds attracted the highest inflow of Rs 15,584 crore in June.
Multi asset allocation received an inflow of Rs 3,209 crore, followed by dynamic asset allocation/balanced advantage fund which received an inflow of Rs 1,885 crore.
Other schemes which include passive funds such as index funds and ETFs saw a decline of 28% in the monthly inflows. These funds received an inflow of Rs 3,997 crore in June against an inflow of Rs 5,525 crore in May.
Gold ETFs received the highest inflow of Rs 2,080 crore, registering a jump of 613% in monthly inflows.
The total assets under management (AUM) registered a growth of 3% on a monthly basis and was recorded at Rs 74.14 lakh crore in June against Rs 71.93 lakh crore in May.
Around 20 open-ended mutual fund NFOs were floated in the market in June, which together collected Rs 1,986 crore with index funds being the highest contributor.
In the current calendar year, the SIP contribution has surged nearly 3% from Rs 26,400 crore in January, whereas in the current financial year, it has gained 2% from Rs 26,632 crore in April
The overall mutual fund inflows went up by 67% on a monthly basis to Rs 49,301 crore in June against an inflow of Rs 29,572 crore in May.
According to the monthly data released by the Association of Mutual Funds in India (AMFI), the net inflows in equity mutual funds have jumped by 24% to Rs 23,587 crore in June against an inflow of Rs 19,013 crore in May
All equity categories except for ELSS funds received inflows. Flexi cap funds have continued to remain investors’ favorite and received the highest inflow of Rs 5,733 crore in June. Smallcap and mid cap funds received an inflow of Rs 4,024 crore and Rs 3,754 crore, respectively.
Debt mutual funds saw an outflow of Rs 1,711 crore in June against an outflow of Rs 15,908 crore in May. Short duration funds received the highest inflow of Rs 10,276 crore, followed by money market funds, which received an inflow of Rs 9,484 crore in the same period.
Liquid funds witnessed the highest outflow of Rs 25,196 crore in June against an inflow of Rs 40,205 crore in May.
Hybrid funds saw a surge of 12% in the monthly inflows and received an inflow of Rs 23,222 crore in June against an inflow of Rs 20,765 crore in May. Arbitrage funds attracted the highest inflow of Rs 15,584 crore in June.
Multi asset allocation received an inflow of Rs 3,209 crore, followed by dynamic asset allocation/balanced advantage fund which received an inflow of Rs 1,885 crore.
Other schemes which include passive funds such as index funds and ETFs saw a decline of 28% in the monthly inflows. These funds received an inflow of Rs 3,997 crore in June against an inflow of Rs 5,525 crore in May.
Gold ETFs received the highest inflow of Rs 2,080 crore, registering a jump of 613% in monthly inflows.
The total assets under management (AUM) registered a growth of 3% on a monthly basis and was recorded at Rs 74.14 lakh crore in June against Rs 71.93 lakh crore in May.
Around 20 open-ended mutual fund NFOs were floated in the market in June, which together collected Rs 1,986 crore with index funds being the highest contributor.
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