Equity inflow drops 14% to Rs 35,943.49 cr in Nov but AUM surges to Rs 68,08,101.16 crore: AMFI data
Mumbai: Inflows into equity mutual funds dropped by 14% in November, declining to Rs 35,943.49 crore from Rs 41,886.69 crore in October, according to data released by the Association of Mutual Funds in India (AMFI) on Tuesday.
The report highlights investment trends across various mutual fund categories.
Within the equity segment, thematic funds saw the highest inflows at Rs 7,657 crore, though this marked a sharp decline from the Rs 12,278 crore recorded in October.
Flexi cap funds followed with inflows of Rs 5,084 crore in November.
The Association of Mutual Funds in India (AMFI) released its mutual fund industry data for November 2024. Despite the drop in monthly equity inflow, the data highlights robust growth across several key metrics:
Total AUM surges: The mutual fund industry's Net Assets Under Management (AUM) reached Rs 68,08,101.16 crore in November, an increase from Rs 67,25,614.61 crore in October 2024. The Average AUM (AAUM) for November stood at Rs 68,04,913.46 crore, slightly lower than Rs 68,50,321.44 crore in October.
Record retail folios: Mutual fund folios hit an all-time high of 22.08 crore, with retail-focused folios (equity, hybrid, and solution-oriented schemes) also reaching a peak of 17.55 crore, up from 17.23 crore in September.
Retail AUM growth: Retail AUM for equity, hybrid, and solution-oriented schemes rose to Rs 39.70 lakh crore in November, a significant increase from Rs 39.18 lakh crore in October.
SIP performance:
New SIP registrations stood at 49.46 lakh in November, compared to 63.69 lakh in October.
SIP contributions were steady at Rs 25,319.66 crore, slightly lower than Rs 25,322.74 crore in October.
SIP AUM reached Rs 13.54 lakh crore, with SIP accounts hitting an all-time high of 10.23 crore.
New Scheme Launches: Eighteen open-ended schemes were launched in November, raising Rs 4,052 crore.
The steady growth in AUM, record retail participation, and sustained inflows into equity schemes underscore the mutual fund industry's resilience and growing investor confidence.
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