AMFI October Data: Debt mutual funds record inflow of ₹1.59 lakh crore, equity MF inflows fall to ₹24,690 crore

Equity mutual funds (MFs) inflows declined for the third consecutive month in October, falling by as much as 18.8% to ₹24,690.33 crore, down from ₹30,421.69 crore in September, according to data from the Association of Mutual Funds in India (AMFI) released on Tuesday, November 11.

Net inflows into equity MFs fell by 8.9% in September and 21.7% in August after growing remarkably in July (+81%).

Net inflows into equity mutual funds over the months

AMFI October Data: Other key highlights

• Debt mutual funds, after seeing a massive withdrawal of ₹1.02 lakh crore during September, recorded net inflows of ₹1.59 lakh crore in October.

• Within equity fund categories, flexi-cap funds inflows made the highest contribution at ₹8,928.71 crore, up 27% from ₹7,029.26 crore in September.

• Net inflows into large-cap funds fell by over 58% to ₹971.97 crore in October from ₹2319.04 crore in September. Inflows into mid-cap and small-cap funds stood at ₹3,807.11 crore and ₹3,476.04 crore, respectively.

• Inflows into sectoral/thematic funds jumped 11.8% during October to ₹1,366.16 crore, rising from ₹1,220.89 a month ago.

• From the debt category, which recorded significant inflows this month, liquid funds saw a net inflow of ₹89,375.12 crore in October after witnessing huge outflows of ₹66,042.32 crore in September.

• Inflows into gold ETFs, which jumped 281.9% to ₹8,363.13 crore in September, fell by 7.4% to ₹7,743.19 crore in October. Net inflows into other ETFs also fell to ₹6,181.70 crore during the reporting month from ₹8,150.79 crore in September.

Total assets under management (AUM) of the mutual fund industry increased 5.6% to ₹79.87 lakh crore in October from ₹75.61 lakh crore in September.

While investors remained cautious toward equities during October, the debt category saw increased interest after significant outflows in September. The outflows in September were mainly driven by large institutional withdrawals from liquid and money market funds, which bounced back in October.