MF inflows in November fell 75% to Rs 63,000 crore, debt funds fell 92%

Overall mutual fund inflows declined by about 75 per cent on a monthly basis to a total of Rs 63,630 crore in November compared to Rs 2,390 crore in October.

Flows into equity mutual funds fell by 14% in November, while flows into debt funds fell by 92%.

Inflows into equity mutual funds totaled 35,943 million rupees in November compared to 41,886 million rupees in October, down nearly 14%.

In the stock investment trust category, all categories saw inflows in November. Sectoral and thematic funds continued to lead the inflow chart, receiving Rs 7,657 crore in November, down from Rs 12,278 crore in October.

In November, flexi-cap funds saw inflows of Rs 5,084 crore, followed by mid-cap funds with inflows of Rs 4,883 crore during the same period. Inflows into small cap funds were Rs 4,111 crore, compared to Rs 3,771 crore in October.

In November, ELSS fund and Focus fund saw inflows of Rs 618 million and Rs 430 million respectively. Among all equity mutual fund categories, ELSS funds recorded a 61% increase in inflows on a monthly basis, followed by small-cap funds. It recorded a growth of 9% during the same period. Dividend yield funds had the biggest decline in inflows, down about 60% on a monthly basis. Inflows to concentrated funds, sectoral and thematic funds each fell by 38% month-on-month.

Inflows into debt mutual funds fell by 92% to a total of Rs 12,915 crore in November compared to Rs 1,570 crore in October.

In debt mutual funds, most categories saw inflows. In November, low duration funds had the highest inflows at Rs 4,374 crore, followed by ultra-short duration funds, which recorded inflows of Rs 2,961 crore during the same period.

The lowest inflows in November were for 10-year fixed duration gilt funds and long duration funds at Rs 274 crore and Rs 79 crore, respectively.

Liquid funds recorded the highest outflow of Rs 1,778 crore in November as against inflows of Rs 83,863 crore in October. In November, there was an outflow of Rs 454 million from short-term funds, followed by an outflow of Rs 342 million from floater funds during the same period.

Inflows into hybrid mutual funds fell 76% to Rs 4,123 million in November compared to Rs 16,863 million in October. With the exception of arbitrage funds and conservative hybrid funds, all other hybrid mutual fund categories experienced inflows during this period.

The highest inflow into multi-asset allocation funds in November was Rs 2,443 crore, down from Rs 3,796 crore in October. Dynamic Asset Allocation/Balanced Advantage Funds saw inflows of Rs 1,569 crore in November, followed by Balanced Hybrid/Aggressive Hybrid Funds with inflows of Rs 913 crore during the same period. there were.

Arbitrage funds saw the biggest decline, with inflows decreasing by about 119% on a monthly basis, with an outflow of Rs 1,352 million in November compared to an inflow of Rs 7,181 billion in October. Conservative hybrid funds also declined by 112%, with outflows of Rs 360 million compared to inflows of Rs 310 million in October.

Inflows into other schemes such as index funds and ETFs fell by 70%. The sector’s sales stood at Rs 7,061 crore in November compared to Rs 23,428 crore in October. Among other scheme categories, only funds of funds investing overseas experienced outflows during this period.

In November, index funds had the highest inflows of Rs 4,342 crore, followed by other ETFs, which recorded inflows of Rs 1,531 crore during the period. Gold ETFs saw inflows of Rs 1,256 crore in November. Funds of funds investing abroad had an outflow of Rs 69 billion during the same period.

Total assets under management (AUM) registered a marginal increase of 1% to Rs 67.81 million as on November 30, 2024, compared to Rs 66.98 million in October.

In November, 18 open-ended NFOs were listed on the market, mobilizing a total of Rs 4,052 million. Sectoral and thematic funds contributed the most at Rs 2,751 crore, with three new funds being launched in this category.