The high growth story of mutual funds continues in 2022. In January, the industry witnessed a surge in most parameters including SIP registrations, ARN registrations and AUM.
Here are the key numbers that shaped the MF industry in January 2022:
Number of folios and investors
- With the addition of 28.95 lakh folios in January 2021, the aggregate folio count stands at 12.31 crore, as against 12.02 crore in December 2021
- Over the last one year, the folio count has increased by 29%
- Mutual funds added 11 lakh new investors in January. The total count at the end of January 2022 stood at 3.17 crore compared to 3.06 crore in December 2021
T30 vs B30
- T-30 AUM has risen from Rs. 31.10 lakh crore to Rs. 31.35 lakh crore in January. In the case of B-30 locations, the AUM has gone up from Rs. 6.63 lakh crore to Rs. 6.66 crore
- T-30 locations constitute 82% of the overall AUM of Rs. 38.01 lakh crore (net AUM at the end of January). B-30 locations contribute the balance 18%
- T-30 locations have registered 13 lakh folios in January while B-30 locations registered 16 lakh folios
Retail investors’ average AUM per folio
- Compared to December 21, the average AUM per folio size has more or less remained unchanged
- Combined average retail AUM per folio is Rs. 1.75 lakh
- B-30 locations have an average AUM per folio of Rs.1.01 lakh. The figure stands at Rs. 2.32 lakh in T30 locations
SIPs
- 26.5 lakh new SIPs were registered in January, which is higher than 22 lakh registrations in December 2021
- As a result, the aggregate SIP count crossed the 5-crore mark in January. Of these, 85% or 4.3 crore SIP accounts are in equity-oriented schemes, 2.5% in debt schemes and 6% in hybrid schemes.
- 12.46 lakh SIP accounts matured or were closed or paused in January. The number is much higher than December when 9.51 lakh SIP accounts were discontinued
Redemptions and funds mobilised
- Overall, gross redemptions have declined to Rs. 7.5 lakh crore in January from Rs. 9.21 lakh in December
- The MF industry has mobilised Rs. 7.88 lakh crore in January 14% lower than the previous month
ARNs
- New ARN registrations has come in at multi-month high of 3,702 in January. In December, the figure stood at 3,446.
- 6,576 MFDs have renewed their ARNs - 3,743 individuals, 213 corporates, 2,615 corporate employees and 4 IFA employees
