Mutual Funds: Inflows into equity schemes rose 3%, debt schemes saw 62% dip in August, reveals AMFI data


The mutual fund industry saw a notable decrease (43 per cent) in net inflows for the month of August, to 1.08 lakh crore against 1.89 lakh crore in July. This decline was driven primarily by a significant drop in inflows to the tune of 62 per cebt into debt mutual funds.

Despite the overall downturn, equity mutual funds saw a 3 per cent increase in inflows, reaching 38,239.16 crore. This uptick occurred even amid a relatively subdued performance in the equity markets.

The latest data from the Association of Mutual Funds of India (AMFI), released on September 10, highlights a continued positive trend in investor confidence within the mutual fund sector.

Large cap mutual funds saw an inflow of 2,636 crore in Sept against 670 crore in August.

Mid cap schemes saw an inflow of 3,054 crore against 1,644 crore in August. Small cap funds saw an inflow of 3,209 crore vis-à-vis 2,109 crore in August.

Meanwhile, sectoral funds saw an inflow of 18,117 crore in Aug against 18,383 crore in July.

Value schemes witnessed an inflow of 2,170 crore whereas the corresponding data for the previous month was 1,728 crore.

Flexi cap mutual funds saw an inflow of 3,513 crore against 3,052 crore.