The S&P BSE Sensex gained 1785 points during the period.
Equity mutual fund saw a net outflow of Rs 3225 crore in October on account of profit booking, shows the latest AMFI data. The BSE Sensex surged by 9.2% in October and as has happened over the last 1-2 years, investors have used each rise in markets to exit.
However, liquid funds received net inflows of Rs 67515 crore against net outflows of Rs 28019 crore in September.
The industry received net inflows of Rs 66326 crore largely on account of inflows in liquid funds. New fund offers, all of which were income funds, collected Rs 4035 crore in October.
Other than liquid funds, fund investing overseas has also received a net inflow of 28 crores. Last month, funds of fund witnessed a net inflow of Rs 104 crore owing to launch of ICICI Prudential Global Stable Equity Fund.
Gold ETFs and gilt funds saw net outflows of Rs 288 crore and Rs 44 crore respectively.
The industry’s AUM went up by 12% from Rs 7.45 lakh crore in September to Rs 8.34 lakh crore in October.
|
Category |
Net Inflow/(Outflow) for the month in crore |
|
Income |
3123 |
|
Equity |
-3225 |
|
Balanced |
-440 |
|
Liquid/Money Market |
67515 |
|
Gilt |
-44 |
|
ELSS - Equity |
-317 |
|
Gold ETFs |
-288 |
|
Other ETFs |
-26 |
|
Fund of Funds investing overseas |
28 |
|
Total |
66326 |
