| Net inflows into mutual funds declined by 42.8% in August, primarily due to a decrease in inflow into debt-oriented schemes. The total inflow into mutual funds amounted to Rs 1.08 crore compared to Rs 1.89 lakh crore in July.
Equity mutual funds witnessed a 3% increase in inflows during August, reaching Rs 38,239.16 crore. This was driven by a rise in inflows into sectoral and thematic funds.
The largest category by assets under management remains sectoral and thematic funds, with an AUM of Rs 4.45 lakh crore. While inflows into this category decreased marginally month-on-month, they still contributed 47% of the total inflows into actively managed equity funds.
Small-cap funds saw inflows of Rs 3,209.3 crore in August, compared to Rs 2,109.2 crore in July. Mid-cap schemes attracted investments of Rs 3,054.68 crore, up from Rs 1,644.2 crore in the previous month. Large-cap funds witnessed a significant increase in inflows, rising to Rs 2,636.86 crore from Rs 670.1 crore. Multi-cap funds saw inflows of Rs 2,475.06 crore, down from Rs 7,084.6 crore in July.
Liquid funds recorded an inflow of Rs 13,594.87 crore in August, a stark contrast to the Rs 70,060.9 crore outflow in July. Credit-risk funds experienced outflows of Rs 390.41 crore, compared to Rs 542.8 crore in July. Overall, debt-oriented funds saw inflows of Rs 45,169 crore in August, a 62.23% slump from the Rs 1.19 lakh crore inflow in the previous month.
Around 18 open-ended NFOs were launched in August, collectively raising Rs 13,815 crore. Sectoral/thematic funds dominated this activity, contributing Rs 10,202 crore. Five new sectoral funds were launched in last month.
Monthly SIP contributions reached a record high of Rs 23,547 crore in August, surpassing the previous high of Rs 23,332 crore in July. This marks the second consecutive month where SIP contributions have exceeded Rs 23,000 crore, highlighting investor consistency.
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