Equity mutual fund inflow continues for 32nd month in October; record high SIP flows

Inflows into equity mutual funds surged 42% month-on-month to ₹19,957 crore in October, as per data released by the Association of Mutual Funds of India (AMFI). Flows into all three categories, small, mid and large cap remained strong.

The flows into equity funds in October was much higher than the ₹14,091 crore inflow seen in September.

SIP inflows meanwhile, continued to soar, and touched another record high. SIP inflows increased to ₹16,927 crore in October versus ₹16,042 crore in September.

October also marks the 32nd consecutive month of net inflows. All the categories experienced inflows in equity segments.

The category was aided by inflows to the tune of ₹4,495 crore in small-cap funds, followed by ₹3,896 crore in thematic funds.

Apart from equities, debt-oriented schemes witnessed a net inflow of ₹42,634 crore in October after seeing outflows in the past two months. The segment had witnessed a net outflow of ₹1 lakh crore in September and ₹25,873 crore in August.

Overall, the 44-player mutual fund industry has witnessed an inflow of ₹80,528 crore in the month under review as compared to an outflow of ₹66,192 in September.

Overall AUMs are now at ₹46.71 lakh crore as of the end of Octoberas compared to ₹46.58 lakh crore at the end of September.

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