Inflows into fairness mutual funds declined by 14.4 per cent on a month-on-month foundation to Rs 25,082.01 crore in March, in comparison with Rs 29,303.34 crore in February, the most recent knowledge from the Affiliation of Mutual Funds in India (AMFI) confirmed.
The inflows in fairness schemes in March have been lowest in 11 months. The decline in inflows was witnessed regardless of the Sensex and Nifty rising 5.76 per cent and 6.3 per cent, respectively in March.
In March, inflows by way of systematic funding plan (SIP) stood at Rs 25,926 crore in comparison with Rs 25,999 crore in February 2024.
Internet belongings beneath administration (AUM) of the mutual fund business elevated by 2 per cent to Rs 65.74 lakh crore within the reporting month in comparison with Rs 64.53 lakh crore in February.
Inside fairness mutual fund schemes, inflows into small cap funds stood at Rs 4,092.12 crore in March, in comparison with Rs 3,722.46 crore in February. Flows into mid cap funds was Rs 3,438.87 crore as in opposition to Rs 3,406.95 crore within the earlier month.
Giant cap funds witnessed inflows of Rs 2,479.31 crore in comparison with Rs 2,866 crore in February.
Inflows into sectoral/thematic declined 97 per cent to Rs 170.09 crore in March from Rs 5,711.58 crore within the earlier month. Flexi cap mutual funds witnessed inflows of Rs 5,615 crore, as in opposition to flows of Rs 5,104.22 crore final month.
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Debt mutual fund schemes noticed outflows of Rs 2.02 lakh crore in March as in opposition to outflows of Rs 6,525.56 crore in February. Larger outflows may be attributed to the upper redemption strain from corporates because of the quarterly funds for advance tax. Liquid funds noticed highest outflows of Rs 1.33 lakh crore.
In the course of the reporting month, outflows from the cash market funds have been Rs 21,301.14 crore and from in a single day funds have been Rs 30,015.8 crore.
Internet outflows from the hybrid mutual fund schemes stood at Rs 946.56 crore in March in comparison with inflows of Rs 6,803.85 crore.
Regardless of gold costs touching file excessive, the gold change traded fund (ETF) scheme noticed outflows of Rs 77.21 crore, in comparison with inflows of Rs 1,979.84 crore.
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