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MUTUAL FUND SNAPSHOT - OCTOBER 2020

 

·    The mutual fund industry witnessed net outflows to the tune of ~52,091 cr in September 2020 as against net outflows of ~INR 14,553 cr in August 2020. The equity category witnessed net outflow of Rs ~1009 cr in September 2020 as against net outflow of Rs ~ INR 4028 cr in the previous month.

·         AUMs of debt, equity and hybrid schemes in August 2020 accounted for 49.9%, 29.5% and 11.0% respectively of the overall AUMs; the balance ~9.6% was contributed by solution oriented and other schemes.

·         AUM of the mutual fund industry declined by 2.3% MoM (INR63,407 Cr) to INR26.86 Lakh Cr in Sept 2020. On QoQ basis, the total AUM of Mutual Fund increased by 5.4% and 9.6% YoY.  

·         Domestic mutual funds were net equity sellers in last 4 months. Mutual Fundsv were net equity sellers to an amount of INR 904.69 Cr in Sept 2020 as against net sellers of INR8,418.73 Cr in Aug 2020.

·         Total AUM in Equity category stood at INR 7.92 lakh cr in September, comparedv to INR 7.98 lakh cr in the previous month.  

·         Within equities, inflows were recorded in categories viz. Largev & Midcap Small cap and focused funds of ~INR 621.5 cr, ~INR 132.9 cr and ~INR 823.5 cr, rest all equity categories witnessed net outflows where multi cap funds were the worst hit by net outflow of ~INR 1143.9 cr.  

·         Net outflows of INR 52,965 cr were witnessed in Income/Debt Orientedv Schemes for the month of September, relative to net outflows of INR 8,943 cr in the previous month.  

·         Liquid funds saw outflows of INR 65,951 cr as compared to outflows of INRv 15,814 cr in the previous month.  

·         Corporate bond Funds saw inflows of INR 716.71 cr in September 2020 as thev traction of investors increase towards quality debt funds with AAA rated portfolios, which is however much lower than inflows of ~INR 1,955 cr in Corporate Bond Funds in the previous month.  

·         SIP inflows in September stood at INR 7,788 cr as against INR 7,792 crv recorded in August 2020.

 

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