Recent AMFI data shows that SIP inflows in April stood at Rs 8,376 crore, as against Rs 8,641 crore in March. The Rs 265 crore decline in SIP inflows is the sharpest in the last 24 months.
Further, most debt fund categories have witnessed considerable outflows due to the Franklin Templeton episode. Among debt fund categories, credit risk funds have witnessed the highest net outflows at Rs 19,239 crore. Categories such as ultra short duration, low duration, money market, short duration and medium duration have also seen considerable outflows.
Overall, debt funds witnessed net inflows worth Rs 43,431 crore in April as against Rs 1.95 lakh crore net outflows in March. This was primarily because of inflows to liquid funds that stood at Rs 68,848 crore.
In terms of net inflows in pure equity schemes, net inflows in April declined to Rs 6,212 crore from Rs 11,700 crore in March. Among equity schemes, the large cap fund category witnessed the highest inflows at Rs 1,691 crore. Multi-cap was the second most popular category with Rs 1,240 crore of inflows in April. However, compared to March, flows to multi cap funds declined by Rs 1,028 crore. Focussed fund, ELSS and Value fund also witnessed considerable decline in inflows.
N S Venkatesh, Chief Executive, AMFI said that the decline in inflows is a one-off event and cannot be considered as a trend.
As on April 30, AUM of the industry stood at Rs 23.94 lakh crore as against Rs 22.26 lakh crore in March.
|
Scheme |
Net Inflow (+ve)/Outflow (-ve) for the month of April 2020 |
Net Inflow (+ve)/Outflow (-ve) for the month of March 2020 |
Net change |
|
Open ended Schemes |
|
|
|
|
Income/Debt Oriented Schemes |
|
|
|
|
Overnight Fund |
2,603 |
26,654 |
(24,051) |
|
Liquid Fund |
68,848 |
(110,037) |
178,885 |
|
Ultra Short Duration Fund |
(3,419) |
(29,053) |
25,634 |
|
Low Duration Fund |
(6,841) |
(19,921) |
13,080 |
|
Money Market Fund |
(1,210) |
(27,402) |
26,192 |
|
Short Duration Fund |
(2,309) |
(11,039) |
8,729 |
|
Medium Duration Fund |
(6,364) |
(2,164) |
(4,199) |
|
Medium to Long Duration Fund |
(191) |
(592) |
401 |
|
Long Duration Fund |
302 |
57 |
245 |
|
Dynamic Bond Fund |
(1,155) |
(833) |
(322) |
|
Corporate Bond Fund |
4,169 |
(3,791) |
7,960 |
|
Credit Risk Fund |
(19,239) |
(5,569) |
(13,670) |
|
Banking and PSU Fund |
6,561 |
(6,304) |
12,866 |
|
Gilt Fund |
2,516 |
747 |
1,769 |
|
Gilt Fund with 10 year constant duration |
93 |
84 |
10 |
|
Floater Fund |
(932) |
(5,750) |
4,818 |
|
Sub Total |
43,432 |
(194,915) |
238,346 |
|
|
|
|
|
|
Growth/Equity Oriented Schemes |
|
|
|
|
Multi Cap Fund |
1,240 |
2,268 |
(1,028) |
|
Large Cap Fund |
1,691 |
2,061 |
(369) |
|
Large & Mid Cap Fund |
346 |
859 |
(513) |
|
Mid Cap Fund |
497 |
1,233 |
(736) |
|
Small Cap Fund |
384 |
163 |
222 |
|
Dividend Yield Fund |
(5) |
(29) |
24 |
|
Value Fund/Contra Fund |
141 |
828 |
(687) |
|
Focused Fund |
743 |
1,994 |
(1,251) |
|
Sectoral/Thematic Funds |
422 |
794 |
(372) |
|
ELSS |
752 |
1,551 |
(799) |
|
Sub Total |
6,213 |
11,723 |
(5,510) |
|
|
|
|
|
|
Hybrid Schemes |
|
|
|
|
Conservative Hybrid Fund |
(586) |
(406) |
(180) |
|
Balanced Hybrid Fund/Aggressive Hybrid Fund |
(852) |
(1,516) |
664 |
|
Dynamic Asset Allocation/Balanced Advantage |
(464) |
(257) |
(207) |
|
Multi Asset Allocation |
(29) |
275 |
(304) |
|
Arbitrage Fund |
6,587 |
(33,767) |
40,354 |
|
Equity Savings |
(452) |
(789) |
337 |
|
Sub Total |
4,205 |
(36,460) |
40,664 |
|
|
|
|
|
|
Solution Oriented Schemes |
|
|
|
|
Retirement Fund |
45 |
34 |
11 |
|
Childrens Fund |
38 |
35 |
3 |
|
Sub Total |
83 |
69 |
14 |
|
|
|
|
|
|
Other Schemes |
|
|
|
|
Index Funds |
635 |
2,076 |
(1,442) |
|
GOLD ETF |
731 |
(195) |
926 |
|
Other ETFs |
(179) |
4,835 |
(5,014) |
|
Fund of funds investing overseas |
106 |
197 |
(91) |
|
Sub Total |
1,292 |
6,913 |
(5,621) |
|
Close Ended Schemes |
|
|
|
|
Income/Debt Oriented Schemes |
|
|
|
|
Fixed Term Plan |
(8,132) |
515 |
(8,647) |
|
Capital Protection Oriented Schemes |
(391) |
(323) |
(68) |
|
Infrastructure Debt Fund |
0 |
0 |
0 |
|
Other Debt |
(597) |
(0) |
(597) |
|
Sub Total |
(9,119) |
192 |
(9,311) |
|
|
|
|
|
|
Growth/Equity Oriented Schemes |
|
|
|
|
ELSS |
(5) |
(12) |
7 |
|
Others |
(99) |
(226) |
127 |
|
Sub Total |
(105) |
(238) |
133 |
|
Interval Schemes |
|
|
|
|
Income/Debt Oriented Schemes |
(1) |
(22) |
21 |
|
Growth/Equity Oriented Schemes |
0 |
0 |
0 |
|
Other Schemes |
0 |
0 |
0 |
|
Grand Total |
45,999 |
(212,737) |
258,737 |
