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Equity mutual funds inflow July 2022

Equity mutual funds attracted Rs 8,898 crore in July 2022.

For the 17th straight month, equity mutual funds witnessed inflows in July.

The net inflows in July were lower compared to Rs 15,495 crore seen in June, Rs 18,529 crore in May and Rs 15,890 crore in April, according to data released by Association of Mutual Funds in India (Amfi) on Aug 8.

Equity schemes have been witnessing net inflow since March 2021. These schemes had witnessed outflows for eight months from July 2020 to February 2021, losing Rs 46,791 crore.

Apart from equity, debt mutual funds witnessed an inflow of Rs 4,930 crore last month after witnessing a net outflow of Rs 92,247 crore in June.

However, Gold Exchange Traded Funds (ETFs) experienced a net outflow of Rs 457 crore in July, which was in sharp contrast to a net infusion of Rs 135 crore seen last month.

Overall, the mutual fund industry registered a net inflow of Rs 23,605 crore in July compared to a net withdrawal of Rs 69,853 crore in June. This was mainly on account of higher levels of redemptions from debt mutual funds.

The inflow pushed the Assets Under Management (AUM) of the industry to Rs 37.75 lakh crore at the end of July from Rs 35.64 lakh crore at the end of June.

(Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)