Actively managed equity mutual funds recorded a net inflow of Rs 1,73,839.91 crore in October, as per official Association of Mutual Funds in India data released on Wednesday.
Mutual funds added approximately 3.06 lakh crore in the month under review after recording total net outflow of Rs 1.33 lakh crore in the month of September.
The positive turn was led by Large & Mid-Cap inflows as they surged 98.6% month-on-month to Rs 8,484 crore from Rs 4,271 crore. Fixed Income Flow flipped from a Rs 1.83 lakh crore outflow in September, to an inflow of Rs 1.13 lakh crore in October.
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Besides this, Equity mutual funds inflows fell 13.9% MoM to Rs 32,994 crore from 38,307 crore in the previous month, Large-Cap inflow surged over 20% from Rs 859 crore to Rs 1,032 crore.
Mid-cap, Small-cap, and Flexi-cap inflows took a hit. Mid-cap inflows declined 37.5% MoM to Rs 4,893 crore from Rs 7,835 crore, Small-cap inflows fell 29.1% MoM to Rs 6,408 crore, and Flexi-cap inflows dropped 25.7% MoM to Rs 4,980 crore.
MF industry Assets Under Management (AUM) rose 0.9% MoM to Rs 83.38 lakh crore in October from Rs 82.64 lakh crore.
| Category | October | September | Change | % Change |
|---|---|---|---|---|
| Equity Inflow | Rs 32,994 crore | Rs 38,307 crore | -Rs 5,313 crore | -13.9% |
| MF Industry Net AUM | Rs 83.38 lakh crore | Rs 82.64 lakh crore | +Rs 0.74 lakh crore | +0.9% |
| Large-Cap Inflow | Rs 1,032 crore | Rs 859 crore | +Rs 173 crore | +20.1% |
| Mid-Cap Inflow | Rs 4,893 crore | Rs 7,835 crore | -Rs 2,942 crore | -37.5% |
| Large & Mid-Cap Inflow | Rs 8,484 crore | Rs 4,271 crore | +Rs 4,213 crore | +98.6% |
| Small-Cap Inflow | Rs 6,408 crore | Rs 9,039 crore | -Rs 2,631 crore | -29.1% |
| Flexi-Cap Inflow | Rs 4,980 crore | Rs 6,702 crore | -Rs 1,722 crore | -25.7% |
| Sectoral/Thematic Inflow | Rs 1,714 crore | Rs 1,713 crore | +Rs 1 crore | +0.06% |
| Gold ETF Inflow | Rs 3,474 crore | Rs 4,451 crore | -Rs 977 crore | -22.0% |
| Multi-Asset Allocation Inflow | Rs 1,515 crore | Rs 3,667 crore | -Rs 2,152 crore | -58.7% |
SIP & Gold Inflows Fall
Monthly mutual fund inflows through systematic investment plans (SIPs) fell to at Rs 32,160 crore in October, compared with Rs 32,490 crore in September and Rs 32,297 crore in August.
Gold ETFs attracted net inflows of Rs 3,474.03 crore in October, down nearly 22% from Rs 4,450.61 crore in September. The slowdown in inflows comes amid a 7% fall in MCX gold prices durinhg the month of October.
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