Equity Mutual Fund Inflows Dip 14.8% in July; SIPs Rise Marginally
Investor prioritizes debt funds over equity mutual funds
Key Highlights
Indian equity mutual funds saw a 14.8% drop in July inflows to ₹24,697 crore, while SIP contributions experienced a slight increase. Discover fund performance.
Indian equity mutual funds recorded a notable 14.8 percent decline in inflows during July, settling at ₹24,697 crore. This figure represents a decrease from the ₹28,973 crore reported in June, according to data released by the Association of Mutual Funds in India (AMFI).
Despite the overall reduction in equity mutual fund inflows, (SIP) contributions showed a marginal uptick. These contributions reached ₹31,961 crore for the month.
Equity Fund Performance Overview
- Small-cap funds attracted over ₹7,700 crore, making them the most favored category among investors.
- Mid-cap funds, flexi-cap funds, and multi-cap funds followed, drawing significant inflows.
- Large-cap funds and (ELSS) funds experienced net outflows.
- Gold Traded Funds (ETFs) saw a sequential dip in inflows to ₹1,559 crore.
A contrasting trend emerged in the debt fund segment, which witnessed a significant reversal from previous months. Debt funds recorded net inflows totaling ₹1,87,511 crore last month.
Debt Fund Influx Highlights
- Liquid funds led the debt-oriented schemes, drawing the highest net inflow of over ₹1,19,000 crore.
- The substantial inflows into debt funds reversed earlier outflow trends, indicating a shift in investor preference for the period.
The July data highlights a bifurcated market, with a clear contraction in equity mutual fund investments alongside a robust rebound in debt fund allocations and a steady increase in SIPs.