In a month that witnessed MF industry’s AUM soaring past Rs 27 lakh crore, equity inflows have seen a 78% fall. With this, November became the third consecutive month when equity inflows saw a decline, shows AMFI data.
Total equity net inflows shrunk by 78% to Rs 1,130 crore in November from Rs 6,026 crore in October. Except the large cap fund category, monthly inflows in all equity fund categories saw a decline in November. In fact, 4 categories - large & mid cap fund, dividend yield fund, value fund/contra fund and sectoral/thematic funds – witnessed net outflows in November.
N S Venkatesh, CEO, AMFI said that equity net inflows have come down partly due to investors booking profits.
The MF industry witnessed a reduction in inflows In the debt and hybrid fund space as well.
Debt funds witnessed a net inflow of Rs 51,427 crore against Rs 1.21 lakh crore in October. This was largely because of a sharp reduction in inflows in liquid funds which saw a net inflow of Rs 6,938 crore as against Rs 93,202 crore in October.
Hybrid funds witnessed a net outflow of Rs 572 crore as against inflow of Rs 314 crore in October.
Meanwhile, data available on SIP remained encouraging. Total SIP AUM rose to an all-time high of Rs 3.12 lakh crores, with the SIP contribution increasing by 27% on month to Rs 8,272 crore and total number of SIP accounts growing to 2.93 crore from 2.88 crore in October.
Vishal Kapoor, CEO, IDFC AMC said, “The MF industry has added over 5 lakh SIP accounts in November – the highest so far this year - which is a strong testament to the continued value retail investors see in building investments through SIPs.”
|
Scheme Name |
Net Inflow /Outflow Rs. Crs. |
Change (Rs. Crore) |
Change |
|
|
Oct-19 |
Nov-19 |
|||
|
Open ended Schemes |
|
|
|
|
|
Income/Debt Oriented Schemes |
|
|
|
|
|
Overnight Fund |
5,748.08 |
20,649.14 |
14,901.06 |
259% |
|
Liquid Fund |
93,202.96 |
6,938.14 |
-86,264.82 |
-93% |
|
Ultra Short Duration Fund |
6,187.06 |
774.25 |
-5,412.81 |
-87% |
|
Low Duration Fund |
3,074.28 |
4,638.27 |
1,563.99 |
51% |
|
Money Market Fund |
6,612.38 |
5,135.70 |
-1,476.68 |
-22% |
|
Short Duration Fund |
2,115.62 |
3,489.66 |
1,374.04 |
65% |
|
Medium Duration Fund |
-778.94 |
-927.85 |
-148.91 |
-19% |
|
Medium to Long Duration Fund |
-18.15 |
-60.96 |
-42.81 |
-236% |
|
Long Duration Fund |
14.58 |
29.55 |
14.97 |
103% |
|
Dynamic Bond Fund |
-109.4 |
-134.81 |
-25.41 |
-23% |
|
Corporate Bond Fund |
1,394.49 |
2,581.12 |
1,186.63 |
85% |
|
Credit Risk Fund |
-1,381.63 |
-1,898.61 |
-516.98 |
-37% |
|
Banking and PSU Fund |
4,855.22 |
7,230.54 |
2,375.32 |
49% |
|
Gilt Fund |
-66.71 |
-288.61 |
-221.90 |
-333% |
|
Gilt Fund with 10 year constant duration |
35.38 |
15.63 |
-19.75 |
-56% |
|
Floater Fund |
254.69 |
3,256.42 |
3,001.73 |
1179% |
|
Sub Total – I |
1,21,139.89 |
51,427.58 |
-69,712.31 |
-58% |
|
Growth/Equity Oriented Schemes |
||||
|
Multi Cap Fund |
1,311.86 |
181.14 |
-1,130.72 |
-86% |
|
Large Cap Fund |
1,182.25 |
1,196.90 |
14.65 |
1% |
|
Large & Mid Cap Fund |
510.41 |
-252.44 |
-762.85 |
-149% |
|
Mid Cap Fund |
1,091.04 |
801.53 |
-289.51 |
-27% |
|
Small Cap Fund |
678.21 |
261.05 |
-417.16 |
-62% |
|
Dividend Yield Fund |
-24.58 |
-51.22 |
-26.64 |
-108% |
|
Value Fund/Contra Fund |
-228.74 |
-955.55 |
-726.81 |
-318% |
|
Focused Fund |
605.78 |
479.29 |
-126.49 |
-21% |
|
Sectoral/Thematic Funds |
447.96 |
-636.73 |
-1,084.69 |
-242% |
|
ELSS |
452.2 |
287.67 |
-164.53 |
-36% |
|
Sub Total - II |
6,026.38 |
1,311.65 |
-4,714.73 |
-78% |
|
Hybrid Schemes |
||||
|
Conservative Hybrid Fund |
-258.11 |
-538.38 |
-280.27 |
-109% |
|
Balanced Hybrid Fund/Aggressive Hybrid Fund |
-1,974.26 |
-4,931.71 |
-2,957.45 |
-150% |
|
Dynamic Asset Allocation/Balanced Advantage |
347.6 |
247.23 |
-100.37 |
-29% |
|
Multi Asset Allocation |
84.78 |
66.69 |
-18.09 |
-21% |
|
Arbitrage Fund |
2,643.55 |
5,353.56 |
2,710.01 |
103% |
|
Equity Savings |
-529.16 |
-769.55 |
-240.39 |
-45% |
|
Sub Total - III |
314.4 |
-572.16 |
-886.56 |
-282% |
|
Solution Oriented Schemes |
||||
|
Retirement Fund |
140.79 |
110.60 |
-30.19 |
-21% |
|
Childrens Fund |
32.32 |
27.84 |
-4.48 |
-14% |
|
Sub Total – IV |
173.11 |
138.44 |
-34.67 |
-20% |
|
Other Schemes |
||||
|
Index Funds |
779.47 |
12.40 |
-767.07 |
-98% |
|
Gold ETF |
-31.45 |
7.68 |
39.13 |
124% |
|
Other ETFs |
5,906.12 |
2,954.47 |
-2,951.65 |
-50% |
|
Fund of funds investing overseas |
28.71 |
44.27 |
15.56 |
54% |
|
Sub Total – V |
6,682.86 |
3,018.82 |
-3,664.04 |
-55% |
|
|
||||
|
Close Ended Schemes |
||||
|
Income/Debt Oriented Schemes |
||||
|
Fixed Term Plan |
-382.39 |
-259.77 |
122.62 |
32% |
|
Capital Protection Oriented Schemes |
-277.93 |
-201.39 |
76.54 |
28% |
|
Infrastructure Debt Fund |
0 |
- |
0.00 |
|
|
Other Debt |
-102.91 |
-43.63 |
59.28 |
58% |
|
Sub Total |
-763.23 |
-504.79 |
258.44 |
34% |
|
Growth/Equity Oriented Schemes |
||||
|
ELSS |
-11.32 |
-26.10 |
-14.78 |
-131% |
|
Others |
-0.08 |
-352.73 |
-352.65 |
-440818% |
|
Sub Total |
-11.4 |
-378.83 |
-367.43 |
-3223% |
|
Interval Schemes |
||||
|
Income/Debt Oriented Schemes |
-74.44 |
-21.52 |
52.92 |
71% |
|
Growth/Equity Oriented Schemes |
-5.67 |
- |
5.67 |
100% |
|
Other Schemes |
0 |
0.00 |
||
|
Sub Total |
-80.11 |
-21.52 |
58.59 |
73% |
|
Grand Total (A + B + C) |
1,33,481.91 |
54,419.18 |
-79,062.73 |
-59% |
|
Source: AMFI |
||||
