Inflows into equity funds rose to Rs 20,245 crore in August: AMFI data

Equity funds registered net inflows of Rs 20,245.3 crore in August, a sharp rise from inflows of Rs 7,626 crore in the previous month, according to Association of Mutual Funds in India (AMFI) data released on Monday. However, the total net inflow of the entire mutual fund industry stood at Rs 14,385.9 crore last month, down 82.5 per cent on a sequential basis.

The MF industry’s total assets under management (AUM) rose marginally to Rs 46.6 billion at the end of August from Rs 46.4 billion a month ago, according to data from industry body AMFI.

Here are some highlights from the AMFI monthly report:

• In the open funds category:
  • Assets under management of equity funds rose 1.9 percent quarter-on-quarter to Rs 18.6 million
  • Assets under management of debt funds fell 1.3 percent quarter-on-quarter to Rs 14 million
  • Assets under management of hybrid funds rose 1.9 per cent sequentially to Rs 5.61 lakh crore
• Net inflows into:
  • Multicap fund for Rs 3,422 crore
  • Midcap fund at Rs 2,512 crore
  • Smallcap fund at Rs 4,265 crore
  • Gold ETF for Rs 1,028 Crore
  • Index funds at Rs 1,986 crore
  • Arbitrage fund at Rs 9,487 crore
  • Sectoral thematic funds worth Rs 4,806 crore

(This story will be updated shortly)