The FY 2022 started on a positive note for the MF Industry with addition of 3 lakh unique investors in April.
Moreover, the industry has seen net inflows of Rs.92,907 crore despite a pandemic hit economy.
Let's look at key highlights of the MF industry in April 2021:
Unique investors and folios
- The MF industry has added 3.17 lakh new investors in April taking the total count of unique investors to 2.30 crore
- The industry’s total folio count has risen to 9.86 crore in April from 9.79 crore in March
Redemption
- Overall, gross redemptions have come down to Rs.5.72 lakh crore in April from Rs.8.73 lakh crore in March
- The MF industry has witnessed net inflows across categories at the start of new financial year
- Equity schemes have witnessed net inflows of Rs.3,437 crore in April while debt funds saw net inflows of Rs.1 lakh crore
T30 vs B30
- Both T30 and B30 cities have witnessed a marginal growth in their assets
- AUM in T30 cities has risen by 3% to Rs. 26.93 lakh crore while assets in B30 cities have increased by nearly 2% to Rs.5.45 lakh crore
- T30 cities account for 83% of the industry’s total AUM
- Folio count in both T30 and B30 cities has grown marginally
Average AUM per folio
- Average AUM per retail folio has declined marginally to Rs.1.76 lakh in April from Rs.1.77 lakh in March
- Average AUM per folio of retail investors in B30 and T30 cities have remained flat at Rs.1.04 lakh and Rs.2.29 lakh, respectively
ARNs
- 1,110 individuals have joined the MF industry distribution business in April, a decline of 290 new MFDs from March
- 2,073 ARNs were renewed in April- 2,073 individual distributors, 183 corporates and 1,301 corporate employees
- Maharashtra remains at the top in terms of highest ARN and EUIN holders with 23.97% followed by Gujarat (12.31%) and Tamil Nadu (8.62%)
