Largecap mutual funds see 131% surge in net inflows in March. Here’s the full break-up – Tracking MF Flows

Tracking MF Flows
Equity mutual funds witnessed a decline of 16% in total inflow in March and stood at Rs 22,633.15 crore against Rs 26,865.78 crore in February, according to AMFI data. Here’s the full breakdown of how money moved across 11 equity mutual fund categories.

iStock

Sectoral/thematic funds top inflow chart

2/12

Sectoral/thematic funds top inflow chart

Sectoral/thematic funds stood in the first place in terms of inflows. They witnessed inflows of Rs 7,917.72 crore in March. The total assets under management for the category stood at Rs 2.97 lakh crore as of March 31, 2024.

iStock

Large & midcap funds
Large & midcap funds witnessed total inflows of Rs 3,215.58 crore in March. The total AUM for the category stood at Rs 2.05 lakh crore as of March 31, 2024.

Getty Images

Flexicap funds
The flexicap funds received a total inflows of Rs 2,738.11 crore. The total asset under management of the flexi cap category stood at Rs 3.50 lakh crore in March.

Getty Images

Largecap funds
The largecap funds witnessed an uptick of 131% in net inflows on a month-on-month basis. The category received total inflows of Rs 2,127.79 crore in March. The total net asset under management for the category as of March 31, 2024, stood at Rs 3.14 lakh crore.

Agencies

Multi cap funds
The multicap funds received a total inflow of Rs 1,827.45 crore in March. The total net asset under management for the category stood at Rs 1.24 lakh crore.

iStock

ELSS funds
The ELSS or tax saving funds witnessed total inflows of Rs 1,789.06 crore in March. The total asset under management for the category stood at Rs 2.13 lakh crore.

Getty Images

​Value/Contra funds

8/12

​Value/Contra funds

The value/contra funds received a total inflow of Rs 1,708.15 crore in March. The net asset under management for the category stood at Rs 1.49 lakh crore as on March 31, 2024.

ETMarkets.com

Midcap funds
This category received total inflows of Rs 1,017.69 crore in March. The total asset under management for the category stood at Rs 2.96 lakh crore as on March 31, 2024.

Getty Images

Dividend yield funds

10/12

Dividend yield funds

The category received a total inflow of Rs 322.54 crore in March. The total asset under management for the category stood at Rs 23,914.56 crore.

iStock

Focused funds
The category received total inflows of Rs 63.24 crore in March. The total asset under management for the category stood at Rs 1.29 lakh crore as on March 31, 2024.

iStock

Smallcap funds
The only category to witness outflow in March was smallcap funds. The category witnessed total outflows of Rs 94.17 crore. The total asset under management for the category stood at Rs 2.43 lakh crore.

iStock


Source link

Check Also

RBC Global Asset Management Inc. announces June sales results for RBC Funds, PH&N Funds and BlueBay Funds – Company Announcement

TORONTO , July 12, 2024 /CNW/ – RBC Global Asset Management Inc. …

Leave a Reply

Your email address will not be published. Required fields are marked *