Significant Growth in India's Mutual Fund Inflows in July
Overview of Mutual Fund Performance
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New Delhi, Aug 11: In July, mutual fund schemes in India experienced a remarkable net inflow of ₹2.35 lakh crore, with the total assets under management (AUM) climbing to ₹85.76 lakh crore, as reported by the Association of Mutual Funds in India (AMFI) on Tuesday.
The surge in inflows was primarily driven by debt-oriented schemes, which garnered a net amount of ₹1.88 lakh crore during the month.
Equity-oriented schemes also performed well, attracting net inflows of ₹24,697 crore in July.
As of July 31, the total AUM for mutual fund schemes was recorded at ₹85,75,656.52 crore, compared to an average AUM of ₹86,33,798.38 crore for the month.
Open-ended schemes dominated the industry, accounting for the majority of assets and inflows, with net inflows of ₹2,36,595 crore, raising their AUM to ₹85,59,041 crore.
Among equity-oriented schemes, small-cap funds led the way with the highest net inflow of ₹7,767.50 crore, followed by mid-cap funds at ₹6,192.31 crore and flexi-cap funds at ₹4,709.08 crore.
Large and mid-cap funds saw net inflows of ₹3,425.34 crore, while multi-cap funds attracted ₹3,227.29 crore.
Sectoral and thematic funds also recorded a net inflow of ₹1,328.27 crore.
Conversely, large-cap funds faced a net outflow of ₹1,321.69 crore during the same period. ELSS funds experienced an outflow of ₹959.13 crore, and dividend-yield funds saw a decline of ₹169.16 crore.
Hybrid schemes reported a net inflow of ₹11,490.56 crore in July, with arbitrage funds contributing the largest share at ₹6,502.44 crore, followed by multi-asset allocation funds at ₹3,753.38 crore.
Other schemes, including ETFs, recorded a net inflow of ₹9,512.05 crore, while Gold ETFs attracted ₹1,558.75 crore.
Index funds also saw a net inflow of ₹1,536.60 crore.
Within the debt-oriented category, liquid funds attracted the highest net inflow of ₹1,19,065.85 crore, followed by overnight funds at ₹40,412.55 crore and money market funds at ₹21,180.23 crore.
As of July 31, the total number of mutual fund folios reached 28.09 crore.