Net inflows into equity schemes excluding arbitrage funds for November fell 33.6 percent to Rs. 7,579 crore, compared to net inflows last month, according to data published by the Association of Mutual Funds of India (AMFI).
Total net inflows in mutual funds for November rose to Rs. 1.42 lakh crore from Rs. 35,529 crores in October. This surge is mainly due to a rise of inflows into the liquid fund segment. Inflows for the liquid fund segment in November stood at Rs. 1.36 lakh, which makes up 95.6 percent of the total net inflows of the month. This compares to inflows of Rs. 55,296 crore into the liquid fund segment for the previous month.
Other categories that saw high inflows for November include categories like arbitrage funds (Rs. 2,376 crore), other ETFs (Rs. 1,634 crore), ELSS (Rs. 835 crore). Total assets under management (AUM) for the mutual fund industry was up at Rs. 24.03 lakh crores as of November end, versus Rs. 22.24 lakh crore as of October end.
The following is a comparison of inflows and outflows over the past six months*:
|Month||Equity Fund Inflows (excl. Arbitrage Funds)||ELSS – Equity inflows|
(All amounts in Rs. crore)
*Source: AMFI monthly data