Equity mutual fund inflow jumps to ₹23,587 crore in June, up 24%: AMFI report

Equity mutual fund inflows rose by 24% in June to ₹23,587 crore, as per monthly data from the Association of Mutual Funds in India (AMFI). In comparison, the inflows stood at ₹19,013 crore in May.

SIP momentum hits record high A total of 61.91 lakh new SIPs were registered during the month, taking the number of active contributing SIP accounts to 8.64 crore. The SIP contribution reached a record ₹27,268.79 crore, while the SIP AUM stood at an impressive ₹15.30 lakh crore.

Category-wise equity mutual fund inflows

Fund category Inflows in May ( ₹ crore) Inflows in June ( ₹ crore) % Change (MoM)
Large Cap 1,250.5 1,694 +35%
Mid Cap 2,808.7 3,754 +34%
Small Cap 3,214 4,024.5 +25%

Overall mutual fund inflows saw a strong surge in June, rising 67% month-on-month to ₹49,301 crore, compared to ₹29,572 crore in May, as per AMFI data.

Meanwhile, the total assets under management (AUM) for the mutual fund industry also witnessed a steady 3% rise, climbing to ₹74.14 lakh crore in June from ₹71.93 lakh crore in May, marking a new milestone for the industry.

Debt funds flows Debt funds saw mixed trends in June. Liquid fund outflows eased to ₹25,196 crore, down 37% from May. Corporate bond fund inflows dropped to ₹7,124 crore from ₹11,983 crore. Credit risk fund outflows also declined 32% to ₹168 crore.

ETFs and hybrid funds Gold ETFs saw a remarkable surge in inflows, rising over sixfold to ₹2,080.9 crore in June from ₹292 crore in May, a 613% jump. In contrast, other ETFs witnessed a sharp drop, with inflows falling 79% to ₹844.4 crore. Hybrid funds, however, continued their upward trend, with inflows rising 12% to ₹23,222 crore in June from ₹20,765 crore in May.

According to the source: Mint.