The monthly Systematic Investment Plan (SIP) inflows in March rose to Rs 32,087 crore, up nearly 7.5 per cent from Rs 29,845 crore in February, according to the data released by the Association of Mutual Funds in India (AMFI).
As per the AMFI data, the total mutual fund industry AUM rose to Rs 79.87 lakh crore, up from Rs 75.61 lakh crore in September, while equity AUM climbed to Rs 35.16 lakh crore.
As per the AMFI data, the net inflows in equity mutual funds declined for the second consecutive month to Rs 30,422 crore in September, registering a 9% decline from Rs 33,430 crore in August.
On the debt side, open-ended funds reported net outflow of Rs 7980 crore, down from Rs 1,06,801 crore in July.
In June, it was at Rs 23,568 crore in June. The data further revealed that the Rs 30,416 crore has come through new fund offerings.
Data released by the Association of Mutual Funds in India (AMFI) on Wednesday said the net inflows into equity mutual funds (MFs) jumped 24% to Rs 23,587 crore in June. This is a significant spike as compared to inflows of Rs 19,013 crore in May.
The inflows into equity mutual funds in May declined by 22 per cent to Rs 19,013 crore, compared to Rs 24,269 crore in April, data released by the Association of Mutual Funds in India (AMFI) said.
Notably, this was the fourth consecutive month of decline in inflow in equity funds.
The inflows in January were the highest-ever recorded for gold ETFs in a single month, as Rs 640 crore was invested in December 2024.
The Association of Mutual Funds (AMFI) has released a document with 13 proposals from the mutual fund industry to the finance ministry for the upcoming Union Budget 2025.
