Thanks to robust inflows in income and liquid funds, the industry’s asset base touched a new high of Rs. 15.18 lakh crore in July. Income and liquid funds collectively received net inflows of Rs. 98,125 crore in July.
After witnessing a marginal net outflow in June, equity funds received Rs. 2,221 crore net inflows in July. If we take into account balanced funds, ELSS and ETFs, the industry received 4,585 crore net inflows in equity in July. Industry experts attribute this to the positive sentiment in the market. The Sensex has risen 4% in July. As a result, the equity AUM of the industry touched Rs. 5.20 lakh crore in July, including balanced, ETFs and ELSS funds.
Barring overseas fund of funds, Gold ETFs and gilt funds, all other categories saw net inflows. The industry received net inflows of Rs. 1.02 lakh crore in July which helped the industry’s AUM cross Rs. 15 lakh crore mark for the first time.
Net inflow/outflow in July
|
Category |
Net inflow/outflow |
AUM |
|
Equity |
2,221 |
4,01,469 |
|
Balanced |
2,079 |
49,994 |
|
Other ETFs |
387 |
20,449 |
|
ELSS |
285 |
49,064 |
|
Liquid |
54,212 |
3,00,995 |
|
Income |
43,913 |
6,69,933 |
|
Gilt |
-171 |
15,875 |
|
Gold ETFs |
-183 |
6,499 |
|
Overseas FOFs |
-23 |
2,037 |
|
IDF |
|
1,782 |
|
Total |
1,02,720 |
15,18,097 |
|
Source: AMFI Rs. Cr |
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