Equity mutual fund inflows rose 14 per cent to Rs 41,156 crore in December
New Delhi| Equity mutual fund inflows in India have increased by 14 per cent to Rs 41,155.9 crore in December. This information was received from the data released by the Association of Mutual Funds of India (Amfi).
The increase in equity mutual fund inflows is due to higher investment in thematic/sectoral and small-cap funds. Small-cap funds had net investments of Rs 4,667.7 crore in December, compared to Rs 4,111.8 crore in the previous month. According to AMFI data, the mid-cap category saw an investment of Rs 5,093.2 crore in December, compared to Rs 4,883.4 crore in the previous month. There has been an investment of Rs 15,331.5 crore in the sectoral and thematic categories in December.
This additional flexi-cap funds saw an investment of Rs 4,730.7 crore. At the same time, there was an investment of Rs 5,084.1 crore in multi-cap funds. Last month there was an investment of Rs 13,643 crore in new fund offers (NFOs). Maximum number of new NFOs were launched in the passive fund category.
Apart from this, the number of mutual funds folios has increased to about 22.50 crore in December, which was 22.02 crore in November. The assets under management (AUM) of the Indian mutual fund industry has seen strong growth in the last decade. This has increased by 524 per cent from the November 2014 level of Rs 10.9 lakh crore to Rs 68.08 lakh crore in November 2024.
The AUM of the mutual fund industry has increased by Rs 37 lakh crore in the last four years. AUM had increased by Rs 11 lakh crore in 2023, Rs 2.65 lakh crore in 2022 and Rs 7 lakh crore in 2021. According to Amfi data, there were about 174 open ended schemes in 2024 (as of November). At the same time, 19.42 lakh folios were added to hybrid mutual funds in 2024. At the same time, 1.87 lakh folios were added to the Solution Oriented Mutual Fund.