Equity mutual fund inflows declined 13.8% month-on-month to ₹32,994 crore in October, compared with net inflows of ₹38,293.5 crore in September, according to the latest monthly data.
The net inflow into equity mutual funds fell by ₹5,299.5 crore during the month.
The decline was led by lower inflows into small-cap and mid-cap funds.
Small-cap mutual funds attracted ₹6,408 crore in October, down 29.1% from ₹9,039 crore in September. Mid-cap fund inflows fell 37.5% to ₹4,893 crore from ₹7,835 crore in the previous month.
In contrast, large-cap mutual fund inflows increased to ₹1,032 crore in October from ₹859.5 crore in September, registering a month-on-month rise of 20.1%.
Meanwhile, the mutual fund industry’s total assets under management (AUM) increased to ₹83.39 lakh crore in October from ₹82.64 lakh crore in September. This represented an increase of ₹75,000 crore, or around 0.91%, during the month.
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