Equity MFs see Rs 15,498 cr inflow in June in spite of volatility
Equity mutual funds witnessed a net inflow of Rs 15,498 crore in June amid severe volatility in the stock market and large scale selling by FIIs.This is the 16th months that Equity mutual funds witnessed positive momentum .Equity schemes have been witnessing net inflow since March 2021, highlighting the positive sentiment among investors.Prior to this, such schemes had consistently witnessed outflows for eight months from July 2020 to February 2021, losing Rs 46,791 crore.
However if you compare month to month trend, Inflows into equity mutual funds in June was much lower compared to the net inflow of Rs 18,529 crore seen in May, data from the AMFI indicate and this trend could be attributed to investors adopting the cautious path .
Lets study category wise breakup. All the equity-oriented categories received net inflows in June with the Flexi-cap Funds category being the biggest beneficiary with a net inflow of Rs 2,512 crore. This was followed by the multi-cap fund that witnessed Rs 2,130 crore net infusion.
Even Gold ETFs witnessed a net inflow of Rs 135 crore in the month of June 2022.
The debt segment saw a net outflow of Rs 92,247 crore in June & Overall, the mutual fund industry registered a net outflow of Rs 69,853 crore last month, as compared to a net pull out of Rs 7,532 crore in May.
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