Equity mutual funds saw significant investor interest in May, with net inflows reaching Rs 22,907.77 crore, as per data from the Association of Mutual Funds in India (AMFI). The industry’s assets under management (AUM) totaled Rs 81.58 lakh crore, and the number of folios increased to 27.65 crore, indicating sustained retail engagement in financial markets.
Flexi-cap funds were the top contributors, attracting Rs 5,175.54 crore, followed by small-cap funds at Rs 4,945.57 crore and mid-cap funds at Rs 4,385.06 crore. Collectively, flexi-cap, small-cap, and mid-cap funds received over Rs 14,500 crore, representing more than 63% of total equity inflows, showcasing investors’ preference for diversified strategies.
Large and mid-cap funds drew Rs 3,278.22 crore, while multi-cap funds secured Rs 2,291.01 crore. Hybrid schemes remained popular, gathering net inflows of Rs 10,560.24 crore, with arbitrage funds leading at Rs 5,697.90 crore and multi-asset allocation funds at Rs 3,928.51 crore.
Index funds recorded net inflows of Rs 943.26 crore among passive investment products, while overseas fund of funds attracted Rs 763.99 crore. However, Gold ETFs experienced net outflows of Rs 725.04 crore in the same period. In April, the industry witnessed robust investor participation, with total industry inflows reaching Rs 3.22 lakh crore and equity-oriented schemes receiving net investments of Rs 38,440.20 crore.
