Equity mutual fund inflows surge 22% to Rs 41,886 crore amid market downturn
AMFI data.
Inflows into debt funds also turned positive with Rs 1.57 lakh crore net investment versus Rs 1.13 lakh crore outflow in the previous month.
In the equity segment, all categories received inflows. Sectoral and thematic funds continued to gain investors’ interest and received the highest inflow of around Rs 12,278 crore in October. Flexi cap funds saw Rs 5,180 crore inflows against inflows of Rs 3,214 crore in September.
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Smallcap funds received an inflow of Rs 3,771 crore. Multicap funds got Rs 3,596 crore. The two categories — focused funds and ELSS funds — which witnessed outflows for the last six consecutive months saw a trend reversal in October. Focused funds received Rs 693 crore and ELSS funds Rs 383 crore.
All debt mutual fund categories, except for medium duration and credit risk funds, received inflows in October. Liquid funds received the highest inflow of Rs 83,863 crore, followed by overnight funds which received Rs 25,783 crore in the same period.
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