- Actively managed equity mutual funds saw Rs 25,977.81 crore inflow in February.
- Overall mutual fund industry flows were Rs 94,530 crore in February, down from January.
- Debt funds recorded Rs 42,106.31 crore inflows in February, lower than January’s Rs 74,827.13 crore.
Actively managed equity mutual funds recorded a net inflow of Rs 25,977.81 crore in February, compared to Rs 24,028.59 crore in January, as per the monthly data released by the Association of Mutual Funds in India. Overall industry flows stood at Rs 94,530 crore, versus Rs 1.56 lakh crore in January.
Inflows across equity categories showed a rise relative to the previous month, with flexicap funds leading the movement.
Active Equity Funds
Large-cap funds recorded an inflow of Rs 2,111.68 crore in February, compared to Rs 2,004.98 crore in January. The mid-cap category saw inflows of Rs 4,002.99 crore, lower/higher than Rs 3,185.47 crore in January.
Small-cap funds registered net inflows of Rs 3,881.06 crore, versus Rs 2,942.11 crore in the previous month. Flexi-cap funds reported inflows of Rs 6,924.65 crore, compared with Rs 7,672.36 crore in January. Inflows into sectoral and thematic funds came in at Rs 2,987.29 crore, against Rs 1,042.56 crore in January.
Debt Funds
Debt funds recorded an inflow of Rs 42,106.31 crore in February, compared to an inflow of Rs 74,827.13 crore in January.
Overnight funds saw outflows of Rs 14,006.21 crore, after recording Rs 46,280 crore in January. Liquid funds posted inflows/outflows of Rs 59.077.39 crore, compared with Rs 30,681.55 crore in January.
Hybrid and Passive Funds
Hybrid schemes saw inflows of Rs 11,983.37 crore in February, compared with Rs 17,356.02 crore in January. Arbitrage funds recorded Rs 591.85 crore in inflows, after bringing in Rs 3,293.30 crore in January.
Gold ETFs witnessed inflows of Rs 5,254.95 crore, compared to Rs 24,039.96 crore in the previous month.
New Fund Offerings (NFOs)
Active equity NFOs accounted for Rs 3,955 crore in inflows. The number of new fund launches stood at 21 in February, mobilising Rs 4,979 crore, versus 12 launches raising Rs 1,939 crore in January.
SIP Contribution
SIP contribution for February stood at Rs 29,845 crore, compared to Rs 31,002 crore in January.
Santosh Joseph, of Germinate Investor Services, says, "The marginal dip in SIP inflows to around ₹29,845 crore should be viewed in the context of markets moving largely sideways for nearly 15–17 months. In such an environment, some slowdown in new SIP registrations is natural as retail investors tend to wait for clearer market direction. What is encouraging, however, is that existing investors have largely stayed committed to their SIPs, reflecting growing maturity and long-term discipline among retail participants. Even with the slight month-on-month moderation, the overall SIP numbers remain strong and continue to highlight the resilience of retail participation in mutual funds."
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