Mutual funds register strong inflows from the industry 65,000 crore in August this year due to strong demand in the debt market. However, equity-oriented schemes saw a decline in net inflows on a month-on-month basis, while hybrid instruments record outflows during the month. Gold ETFs lost their sheen, while ELSS increased outflows in August. Overall, the Asset Under Management (AUM) comes to approx. 39.34 lakh crore in August.
In August 2022, mutual funds recorded a net inflow of 65,077.46 crore as compared to the inflow of 23,604.92 crore – 2.75 times jump was registered last month.
During the month under review, debt-oriented schemes posted an inflow of 49,164.29 crore as against the inflow of only 4,930.08 crore in July. In this category, liquid fund schemes in which outflows are recorded Strong inflow of Rs 7,692.65 crore witnessed in July 50,095.82 crore in August. The top was laggard with overnight fund outflows 16,405.13 crore in August.
In addition, in August, the influx of 6,119.58 crore was recorded in equityLess than flow-oriented plans 8,898.2 crore in July this year.
Under equity-oriented schemes, inflows to large-cap funds declined 43.60 Cr in August Vs. 1,090.91 crore in July 2022. Increase in inflows in midcap funds 1,479.42 crore vs. 1,244.67 crore in July, while inflows in small-cap funds declined 1,259.98 crore against 1,779.45 crore in July.
Outflows carried forward in hybrid schemes 6,601.56 crore in August as compared to outflow of Rs. 5,146.33 crore in the last month. Whereas solution-oriented plans gained an influx of 92.55 crore in August 110.92 crore in July.
Posted inflows from other schemes such as index funds, gold ETFs, other ETFs, and funds from overseas investments 15,068.62 crore in August as compared to 14,270.56 crores.
In August 2022, inflows into index funds increased 7,788.23 crore against 6,779.23 crore month-on-month, while inflows in other ETFs declined 7,416.46 crore against 7,635.03 crore in July 2022.
Gold exchange-traded funds (ETFs) continued to record outflows, however, the selloff in August was slow. 38.14 crore as compared to outflow of 456.75 crore in July 2022.
After the above, overall open-ended schemes registered an influx of 63,843.47 crore – almost 3 times more than the inflow of 23,063.48 crore in July 2022.
Meanwhile, there was an influx in close-ended schemes 1,300.60 crore even more in August 583.20 crore in July 2022. Under this category, the fixed term plan recorded the inflow of 1,514.14 crore against 598.82 crore in July. While Equity Linked Savings Schemes (ELSS) continued to record outflows in August as well 40.51 crore against 15.62 crore in July this year.
Overall, the AUM increased to . done 39,33,877.77 crore in August 2022 as compared to 37,74,802.90 crore in July 2022.
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