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Monthly inflows into equity schemes fell marginally in October, shows Amfi data

The large cap mutual fund category also saw a dip in monthly inflow, from Rs 1,559.53 crore in September to Rs 1,182 crore in October.

ET Online|
Updated: Nov 08, 2019, 12.38 PM IST
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Flows into equity MFs drops 8.8% to Rs 6,026 cr in October: AMFI
Flows into equity MFs drops 8.8% to Rs 6,026 cr in October: AMFI
The monthly data from Amfi shows that net monthly inflows into equity schemes fell marginally in October. The net inflows was Rs 6,026.38 crore in October, marginally down from Rs 6,609.00 crore in September. The value-oriented category saw net outflows of Rs 228.74 crore in October. However, the average net assets under management of the equity funds increased to Rs 7,25,107.12 crore in October from Rs 7,01,879.70 crore in September.

The large cap mutual fund category also saw a dip in monthly inflow, from Rs 1,559.53 crore in September to Rs 1,182 crore in October. The total AUM managed by the large cap category rose from Rs 1,44,272.91 crore to Rs 1,49,939.34 crore.

The monthly inflows into the mid cap mutual fund category has also witnessed a slowdown. The inflows fell to Rs 1,091.04 crore in October from Rs 1,276.66 crore in September. However, the total assets managed by the category have risen to Rs 82,138.27 crore in October from Rs 78,672.95 crore in September.

The small cap mutual fund category also witnessed a fall in monthly inflows. The monthly inflows were Rs 678 in October, compared to Rs 895 crore in September. The category was managing assets worth Rs 47,843.08 crore in October, up from Rs 46,153.71 crore in September.

The ELSS or tax saving mutual fund category also witnessed a dip in monthly inflows. The monthly inflows into the category was Rs 452 core in October, compared to Rs 573 crore in September. However, the total assets managed by the category has gone up marginally.

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