Equity-oriented mutual funds in India received net inflows of Rs 28,973.41 crore in June, marking a 26.47% rise from the previous month. This growth reflects ongoing investor interest in equities despite market volatility and geopolitical tensions, according to data from the Association of Mutual Funds in India (AMFI).
The equity mutual fund category saw inflows of Rs 67,600.90 crore during the month, with redemptions totaling Rs 38,627.49 crore, resulting in the net inflow figure.
In terms of specific fund types, mid-cap funds led the way with a net inflow of Rs 6,090.17 crore, followed by small-cap funds at Rs 5,601.96 crore and flexi-cap funds at Rs 5,231.31 crore.
Large and mid-cap funds attracted net inflows of Rs 4,321.32 crore, while multi-cap funds and large-cap funds received Rs 3,070.26 crore and Rs 2,067.48 crore, respectively. Sectoral and thematic funds also saw positive net inflows.
Value and contra funds experienced net inflows of Rs 686.79 crore, while dividend yield funds had a slight net outflow. Equity Linked Savings Schemes (ELSS) recorded net outflows during the month.
AMFI data revealed that the assets under management (AUM) of equity-oriented schemes reached Rs 37.34 lakh crore by the end of June. Additionally, Gold ETFs and other ETFs attracted significant net inflows.
Despite the positive performance of equity-oriented funds, the mutual fund industry as a whole reported a net outflow of Rs 52,948.78 crore in June, primarily due to redemptions from debt-oriented schemes. The industry’s total assets under management stood at Rs 82.22 lakh crore, with the number of mutual fund folios increasing to 27.86 crore.
