Equity Mutual Funds See a Drastic Fall in Inflows in April

The inflows in the equity mutual funds for the month of April has received a major drop of 16% which stood at Rs.18,917.09 crores. Among the equity categories, all except the Equity Linked Saving schemes(ELSS) and focused funds have seen inflows for the month of April.

The highest inflows were received by sectoral funds.

Scheme-wise inflow and outflow

The sectoral funds have seen the highest inflows of Rs.5,166.05 crore in the month of April against Rs.7,917.72 for March, The multicap funds stood at second place on the inflow chart with inflows recording Rs.2,723.87 crore as compared to Rs.1827.5 crores in March. While the large and mid-cap funds recorded an inflow of Rs.2,638.91 crores as compared to Rs.3215.58 crores.

The only schemes which witnessed an outflow were Focused funds and Equity Linked Saving Scheme funds which recorded an outflow of Rs.328.04 crore and Rs.144.04 crore, respectively.

Monthly SIP data touched Rs.20,000 crore mark

In a remarkable milestone, the monthly Systematic Investment Plan (SIP) data has surged beyond the mark of Rs 20,000 crore, at Rs 20,371 crore. This marks a significant uptick from the previous month’s SIP contribution, which stood at Rs 19,271 crore in March. 

The surge reflects growing investor confidence and participation in systematic investment approaches, which shows a robust appetite for long-term wealth-creation avenues. Such sustained growth in SIP contributions not only signifies increasing investor awareness but also highlights the growing appeal of disciplined investment strategies amidst market fluctuations. This milestone highlights the evolving landscape of retail investments and reinforces the significance of SIPs in encouraging financial resilience and wealth accumulation.

Conclusion: The total inflow of the mutual fund industry stood at Rs.2.4 Lakh crore in the month of April against an outflow of Rs.1.6 Lakh crore in March. This huge inflow is backed by an investment of Rs.1.9 Lakh crore in debt schemes, Under equity inflows except ELSS and Focused funds, all the other schemes have received inflows for the month of April. The industry’s net asset under management for the April month stands at Rs.57.26 Lakh crore.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.