Investment in equity mutual fund schemes recorded a 31 per cent month-on-month growth to Rs 38,306 crore in September. In August, the inflow in such schemes stood at Rs 29,329 crore, as per data released by the Association of Mutual Funds in India (AMFI) on Monday. Additionally, systematic investment plans (SIPs) contribution touched an all-time high of Rs 32,490 crore in the month under review, as compared to Rs 32,297 crore in August. Furthermore, investment in Gold ETF rose 71 per cent to over Rs 4,450 crore.
The inflow in equity-oriented schemes was the highest inflow since April, when these schemes attracted Rs 38,440 crore.
Category-wise Inflow In Mutual Fund Schemes
Category | September Inflow | August Inflow |
|---|---|---|
Small-cap funds | Rs 9,039 crore | Rs 7,973 crore |
Mid-cap funds | Rs 7,835 crore | Rs 6,989 crore |
Flexi-cap funds | Rs 6,702 crore | - |
Large-cap funds | Rs 859 crore | Negative |
Why Investment In Mutual Funds Surged: Experts' Opinion
Nitin Agrawal, CEO, Mutual Funds, InCred Money, said that despite heightened volatility in equity markets, every dip presented an opportunity, leading to increased flow activity.
"The strong inflows are particularly encouraging given that equity markets witnessed a correction during the month, accompanied by renewed selling by foreign portfolio investors (FPIs)," Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said.
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"This continued preference for mid and small cap strategies suggests that investors remain willing to look beyond near-term market conditions and stay invested in segments they see as offering long-term growth potential," Varun Gupta, CEO of Groww Mutual Fund, said.
Gold ETF Inflow Surged 71%
Inflow in Gold ETF (Exchange Traded Funds) soared 71 per cent to Rs 4,451 crore in September, compared to Rs 2,597 crore in the preceding month. Meanwhile, investment in Silver ETFs stood at Rs 1,974 crore.
"The AUM of Gold ETF at Rs 1.86 lakh crore is approaching the recent all-time high. This is not speculative accumulation; it is defensive capital fleeing equity drawdowns and debt uncertainty," said Manish Mehta, Chief Business Officer, SBI Mutual Fund.
(With Inputs From PTI)