Investment in equity mutual funds fell 14.1% in November: Inflows to large cap funds also declined by 26.3%, investment of ?4,883.4 crore in small caps

Total inflows into equity mutual funds in November 2024 stood at ?35,927.3 crore, down 14.1% from ?41,865.4 crore in October. At the same time, inflows into large cap mutual funds declined by 26.3%, from ?3,452.3 crore in October to ?2,547.9 crore in November. However, small cap mutual fund inflows saw a 9% increase, from ?3,772 crore in October to ?4,112 crore in November. Mid cap mutual fund inflows saw a marginal increase of 4.3%, from ?4,683 crore in October to ?4,883.4 crore in November. Monthly mutual fund SIP near ?25,000 crore for the second consecutive month Monthly mutual fund SIP crossed the ?25,000 crore mark for the second consecutive month, standing at ?25,320 crore in November. Whereas, it was ?25,323 crore in October. The number of SIP accounts has reached an all-time high of 10,22,66,590 in November 2024, from 10,12,34,212 in October and 9,87,44,171 in September. Total AUM of mutual funds reached ?67.81 lakh crore in November 2024 The total asset under management (AUM) of mutual funds has reached ?67.81 lakh crore in November 2024, from ?66.98 lakh crore in October. The current market value of securities held by mutual fund houses is called Asset Under Management (AUM).

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published.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