AMFI data shows that MF industry has witnessed a marginal growth of 2.5% in its AUM i.e. the MF industry’s AUM has moved up to Rs.24.54 lakh crore in May from Rs.23.93 lakh crore in April.
In terms of net inflows in pure equity schemes, net inflows in May declined to Rs.5257 crore from Rs.6212 crore in April. Among equity schemes, the large cap fund category witnessed the highest net inflows at Rs.1556 crore. Multi cap was the second most popular category with Rs.759 crore of inflows in May. However, both the categories witnessed a marginal fall in net inflows compared to the previous month. In April, large cap and multi cap funds received net inflows of Rs.1691 crore and Rs.1240 crore, respectively.
Among hybrid funds, arbitrage funds was the only fund with positive net inflows of Rs.10806 crore in May.
Overall, debt funds witnessed a rise with net inflows of Rs.63666 crore in May as against Rs.43432 crore in April. This indicates a net increase of over Rs.20000 crore in one month. However, the flows were primarily driven by liquid funds which saw inflows worth Rs.61871 crore. Meanwhile, overnight funds saw outflows worth Rs.15881 crore in May.
Categories like ultrashort duration funds, low duration fund, money market fund, and short duration fund received inflows in May after heavy outflows in the previous month.
Further, Monthly SIP flows decline marginally from Rs.8370 crore to Rs.8123 crore, a decline of Rs.247 crore. The total SIP AUM stood at Rs.2.76 lakh crore as on May.
Commenting on monthly industry data, NS Venkatesh, CEO, AMFI said, “Despite economic uncertainty and market volatility, investors showing matured investment behaviour continue to repose confidence in equity mutual funds as is evident from the robust monthly SIP contribution. On the debt side, investors taking advantage of reducing interest rates trend and shift towards high quality AAA rated has resulted in steady rise in the net flows. Credit risk concerns have ebbed, following regulatory support, redemptions have come down and we would see investors allocating higher quantum of savings to high quality debt paper.”
|
Open ended Schemes |
Net Inflow (+ve)/ Outflow (-ve) for the month of May 2020 |
Net Inflow (+ve)/Outflow (-ve) for the month of April 2020 |
Net change |
|
Income/Debt Oriented Schemes |
|
|
|
|
Overnight Fund |
-15,880.91 |
2,602.80 |
-18,483.71 |
|
Liquid Fund |
61,870.87 |
68,848.01 |
-6,977.14 |
|
Ultra Short Duration Fund |
1,524.77 |
-3,419.32 |
4,944.09 |
|
Low Duration Fund |
301.25 |
-6,841.07 |
7,142.32 |
|
Money Market Fund |
5,010.47 |
-1,210.35 |
6,220.82 |
|
Short Duration Fund |
2,040.18 |
-2,309.05 |
4,349.23 |
|
Medium Duration Fund |
-1,519.72 |
-6,363.52 |
4,843.80 |
|
Medium to Long Duration Fund |
156.76 |
-190.90 |
347.66 |
|
Long Duration Fund |
283.03 |
301.94 |
-18.91 |
|
Dynamic Bond Fund |
-75.14 |
-1,155.11 |
1,079.97 |
|
Corporate Bond Fund |
3,831.52 |
4,168.92 |
-337.40 |
|
Credit Risk Fund |
-5,173.04 |
19,238.98 |
-24,412.02 |
|
Banking and PSU Fund |
8,873.35 |
6,561.20 |
2,312.15 |
|
Gilt Fund |
1,947.08 |
2,515.61 |
-568.53 |
|
Gilt Fund with 10 year constant duration |
142.65 |
93.23 |
49.42 |
|
Floater Fund |
332.42 |
-931.87 |
1264.29 |
|
Sub Total - I (1+2+3+4+5+6+7+8+9+10+11+12+13+14+15+16) |
63,665.54 |
43,431.55 |
20,233.99 |
|
|
|
|
|
|
Growth/Equity Oriented Schemes |
|
|
|
|
Multi Cap Fund |
758.54 |
1,240.15 |
-481.61 |
|
Large Cap Fund |
1,555.59 |
1,691.31 |
-135.72 |
|
Large & Mid Cap Fund |
703.55 |
346.33 |
357.22 |
|
Mid Cap Fund |
279.69 |
497.16 |
-217.47 |
|
Small Cap Fund |
293.04 |
384.33 |
-91.29 |
|
Dividend Yield Fund |
-5.98 |
-4.83 |
-1.15 |
|
Value Fund/Contra Fund |
92.74 |
141.33 |
-48.59 |
|
Focused Fund |
669.8 |
743.19 |
-73.39 |
|
Sectoral/Thematic Funds |
197.17 |
421.58 |
-224.41 |
|
ELSS |
712.37 |
752.42 |
-40.05 |
|
Sub Total - II (17+18+19+20+21+22+23+24+25+26) |
5,256.52 |
6,212.96 |
-956.44 |
|
|
|
|
|
|
Hybrid Schemes |
|
|
|
|
Conservative Hybrid Fund |
-341.9 |
-585.89 |
243.99 |
|
Balanced Hybrid Fund/Aggressive Hybrid Fund |
-978.23 |
-851.78 |
-126.45 |
|
Dynamic Asset Allocation/Balanced Advantage |
-401.45 |
-463.85 |
62.4 |
|
Multi Asset Allocation |
-40 |
-28.52 |
-11.48 |
|
Arbitrage Fund |
10,806.16 |
6,587.05 |
4,219.11 |
|
Equity Savings |
-392.54 |
-452.22 |
59.68 |
|
Sub Total - III (27+28+29+30+31+32) |
8,652.04 |
4,204.78 |
4,447.26 |
|
|
|
|
|
|
Solution Oriented Schemes |
|
|
|
|
Retirement Fund |
57.1 |
44.56 |
12.54 |
|
Childrens Fund |
40.02 |
38.41 |
1.61 |
|
Sub Total - IV (33+34) |
97.12 |
82.97 |
14.15 |
|
|
|
|
|
|
Other Schemes |
|
|
|
|
Index Funds |
562.58 |
634.84 |
-72.26 |
|
GOLD ETF |
815.03 |
730.93 |
84.1 |
|
Other ETFs |
1,017.83 |
-179.45 |
1,197.28 |
|
Fund of funds investing overseas |
75.72 |
105.54 |
-29.82 |
|
Sub Total - V (35+36+37+38) |
2,471.16 |
1,291.86 |
1,179.30 |
|
|
|
|
0.00 |
|
Total A-Open ended Schemes |
80,142.39 |
55,224.12 |
24,918.27 |
|
|
|
|
|
|
Close Ended Schemes |
|
|
|
|
Income/Debt Oriented Schemes |
|
|
|
|
Fixed Term Plan |
-8,132.85 |
-8,131.91 |
-0.94 |
|
Capital Protection Oriented Schemes |
- |
-390.65 |
|
|
Infrastructure Debt Fund |
- |
- |
|
|
Other Debt |
-977.22 |
-596.57 |
-380.65 |
|
Sub Total (i+ii+iii+iv) |
-9,110.07 |
-9,119.14 |
9.07 |
|
|
|
|
|
|
Growth/Equity Oriented Schemes |
|
|
|
|
ELSS |
-6.08 |
-5.22 |
-0.86 |
|
Others |
-204.91 |
-99.46 |
-105.45 |
|
Sub Total (i+ii) |
-210.99 |
-104.67 |
-106.32 |
|
|
|
|
|
|
Other Schemes |
- |
- |
|
|
|
|
|
|
|
Total B -Close ended Schemes |
-9,321.06 |
-9,223.81 |
-97.25 |
|
|
|
|
|
|
Interval Schemes |
|
|
|
|
Income/Debt Oriented Schemes |
-7.92 |
-0.82 |
-7.1 |
|
|
|
|
|
|
Growth/Equity Oriented Schemes |
- |
- |
|
|
|
|
|
|
|
Other Schemes |
- |
- |
|
|
|
|
|
|
|
Total C Interval Schemes |
-7.92 |
-0.82 |
-7.1 |
|
|
|
|
|
|
Grand Total |
70,813.41 |
45,999.48 |
24,813.93 |
|
|
|
|
|
|
Fund of Funds Scheme (Domestic) ** |
563.57 |
502.1 |
61.47 |
|
|
|
|
|
