AMFI August Data: Mutual Fund Investments Drop by 43%, Slight Increase in Equity, Debt Falls by 62%, SIP Hits New High

AMFI August Data: Mutual Fund Investments Drop by 43%, Slight Increase in Equity, Debt Falls by 62%, SIP Hits New High

In August, mutual fund investments saw a significant slowdown compared to July, with total investments dropping by 43%, according to the latest data released by the Association of Mutual Funds in India (AMFI). However, SIP (Systematic Investment Plan) inflows hit a record high of ₹23,547 crore in August, up from ₹23,332 crore in July.

Mutual Fund Industry Performance in August

The mutual fund industry’s total inflows for August stood at ₹1.08 lakh crore, down from ₹1.89 lakh crore in July. This marks a sharp decrease in overall investments, particularly in debt-oriented funds.

Equity Fund Inflows

Equity schemes saw a slight increase in inflows, rising by 3% to ₹38,239 crore in August, compared to ₹37,113 crore in July. However, the growth was slower compared to previous months.

– Small-cap funds attracted ₹3,209 crore in August, a notable increase from ₹2,109 crore in July.

– Mid-cap funds saw inflows of ₹3,055 crore, up from ₹1,644 crore in July.

– Multi-cap funds witnessed a drop, with inflows of ₹2,475 crore in August compared to ₹7,084 crore in July.

– Large-cap funds experienced a boost, with ₹2,637 crore invested in August, up from ₹670 crore in July.

Debt/Fixed Income Fund Inflows

Debt-oriented funds saw the biggest decline in August, with investments falling by 62%. Total inflows in debt funds were ₹45,169 crore in August, down sharply from ₹1.19 lakh crore in July.

– Liquid funds received ₹13,594 crore in August, a drop from ₹70,060 crore in July.

– Credit risk funds saw an outflow of ₹390 crore in August, slightly lower than the ₹542 crore outflow in July.

– Overnight funds attracted ₹15,105 crore, a significant increase from ₹4,451 crore in July.

– Money market funds received ₹10,093 crore in August, down from ₹28,738 crore in July.

SIP Inflows Hit Record High

Despite the slowdown in overall investments, SIP inflows reached an all-time high of ₹23,547 crore in August, compared to ₹23,332 crore in July. This indicates growing interest among retail investors in systematic investing.

Assets Under Management (AUM) Grow

The Net Assets Under Management (AUM) for the mutual fund industry grew to ₹66.70 lakh crore in August, up from ₹64.96 lakh crore in July, reflecting the overall growth of the industry despite the dip in certain segments.

In summary, while August saw a slowdown in mutual fund investments, particularly in debt funds, the record-high SIP inflows and steady performance in equity schemes suggest that retail investors remain confident in the market.

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