Net inflows for equity mutual funds at Rs 15,890.38 cr in April, Rs 54,756.60 cr for debt; thematic funds, Liquid Fund, winners

Net inflows in Equity Mutual Funds stood at Rs 15,890.38 cr in April according to a data released by Association of Mutual Funds in India (AMFI). All 11 categories under the equity or growth oriented schemes witnessed net inflows.

Amid the uncertainties in the stock markets, Sector/Thematic funds gathered major traction among the investors. The net inflows were at Rs 3843.51 cr for April. Currently there are 118 schemes under this category.

It was followed by Large & Mid Cap Fund which witnessed inflows of over Rs 2000 cr, the AMFI release said.

Other schemes which were among the top gainers were Small Cap Fund and Flexi Cap Fund which received net inflows of Rs 1,716.68 cr and Rs 1,708.75 cr.

Net Asset Under Management (AUM) for a total of 366 schemes was at Rs 13,66,230.39 cr. It was against 8,72,25,151 number of folios recorded as on 30 April 2022.

The repurchase or redemption for the month of April 2022 was at Rs 16,726.37 cr.  

Funds mobilised for the month was at Rs 32,616.75 cr.

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On the other hand, net inflows in debt or income oriented scheme stood at Rs 54,756.60 cr for April. Liquid Fund category walked away with a lion share of the inflows at Rs 28,730.99 cr. It is followed by Money Market Fund and Ultra Short Duration Fund which received net inflows of Rs 16,193.75 and Rs 15,089.47 respectively.

The cumulative net asset under management for 312 schemes stood at Rs 13,55,576.72 cr. This is against 73,43,809 folios.

In the debt scheme, certain categories also witnessed net outflows. The biggest loser was Short Duration Fund which witnessed net outflows worth Rs 4,452 cr. Banking and PSU Fund also saw net outflows of 3,096.28 cr.

Many new schemes were launched in the month gone by. In growth oriented schemes, ICICI Prudential Housing Opportunities Fund was launched under the thematic category. Funds mobilised through this scheme was Rs 3,130 cr. UTI Nifty Midcap 150 Quality 50 Index Fund was also launched during the month along with Invesco India - Invesco EQQQ NASDAQ-100 ETF Fund of Fund.      

(Disclaimer: The views/suggestions/advises expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)