Equity mutual fund inflows ease to ₹38,426 crore in April, small and mid cap buck trend

Ignoring debt funds amid equity rally is a portfolio mistake: Axis MF’s Devang Shah


Mutual fund equity schemes recorded net inflows of ₹38,426 crore in April, compared with ₹40,366 crore in March, reflecting a decline of about 4.8% month-on-month.

Within equity categories, large-cap funds registered net inflows of ₹2,524.6 crore in April, down from ₹2,997.8 crore in the previous month, a decline of around 15.8% month-on-month.

Small-cap funds posted net inflows of ₹6,885.9 crore in April versus ₹6,263.6 crore in March, an increase of approximately 9.9% month-on-month.

Mid-cap funds saw inflows of ₹6,551.4 crore in April compared with ₹6,063.5 crore in the previous month, reflecting a rise of about 8% month-on-month.

Among other categories, gold exchange-traded funds (ETFs) recorded inflows of ₹3,040.3 crore in April, higher than ₹2,266 crore in March.

ETF inflows across broader segments stood at ₹10,754.9 crore in April, compared with ₹19,802 crore in the previous month.

Image

Sectoral and thematic funds saw inflows of ₹1,949.4 crore in April versus ₹2,699 crore in March.

In the debt category, credit risk funds reported outflows of ₹1,317.7 crore in April compared with outflows of ₹329.66 crore in March. ELSS funds recorded outflows of ₹567.7 crore versus ₹437.3 crore in the previous month.

Corporate bond funds reported inflows of ₹6,196.5 crore in April, compared with outflows of ₹15,292.6 crore in March.

Image

Liquid funds saw outflows of ₹1.65 lakh crore in April against outflows of ₹1.34 lakh crore in March.

Dividend yield funds recorded outflows of ₹20.6 crore in April compared with outflows of ₹59.21 crore in the previous month.

Overall, the mutual fund industry’s assets under management (AUM) stood at ₹81.92 lakh crore in April, compared with ₹73.73 lakh crore in March, marking an increase of around 11.1% month-on-month.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *