The mutual fund (MF) industry has never had it better. Inflows into equity funds are increasing. Equity and balanced funds received combined net inflows of Rs 4,300 crore in July 2016.
In July 2017, these inflows ballooned to Rs 19,901 crore. As a result, the average SIP ticket size too increased from Rs 2,500 in 2016 to Rs 3,250 in 2017, shows data from Association of Mutual Funds in India (AMFI).
The rally in markets coupled with the industry’s effort of educating investors to stay invested during volatile times by avoiding noise has worked its wonders. This is evident by the sticky retail assets.
According to AMFI data, of the Rs 3.48 lakh crore retail mutual fund equity assets as on June 2017, 51 percent or Rs 1.76 lakh crore assets remained invested for more than two years.
