Inflows to equity mutual funds fell 14% in Nov, SIP contribution dropped, reveals AMFI data

SIP contribution to mutual funds in November stood at 25,319.66 crore. Last month the corresponding figure was 25,323 crore.

MintGenie Team
Published10 Dec 2024, 12:15 PM IST
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Inflow to equity mutual funds fell 14 percent to 35,943.49 crore in November, reveals the latest AMFI data. Last month, the corresponding data stood at 41,886.69 crore.

Thematic funds saw maximum inflow among equity funds i.e., 7,657 crore against 12,278 crore in the previous month.

This was followed by flexi cap funds which stood at 5,084 crore. 

Debt mutual funds saw an inflow of 12,915 crore last month in November against 1.57 lakh crore in the previous month.

Equity FundsInflow ( crore)
Large       
2,547.92
Mid Cap    4,883.40
Small Cap   4,111.89

Hybrid mutual funds saw a decline of 75.5 percent to 4,123 crore in November from 16,863 crore in the previous month. 

Index mutual funds saw a fall of 45 percent to 4,342.8 in November from 7,931 crore in October.

“Flows into mutual fund industry remained robust last month,” said Venkat Chalasani, Chief executive, AMFI.

SIP data

SIP inflow in November stood at 25,319.66 crore. Last month the corresponding figure was 25,323 crore.

Other Schemes

In the category of other schemes, index funds saw a decline of 45 percent in inflow to 4,342 crore in November. Gold ETFs saw a fall of 35.9 percent to 1,256 crore. 

Meanwhile, other ETFs saw a considerable fall to 1,531 crore against 13,441 crore.

 

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First Published:10 Dec 2024, 12:15 PM IST