The data released by AMFI for June 2022 month shows that Mutual Fund industry‘s Avg. AUM decreased by 1.04% to ₹36.98Lakh Crs in June with net outflow of ₹69.85 K Crs. The fall in AUM was due to correction in equity markets and outflows in debt schemes.
The Quarterly Average AUM for the quarter April-June,22 of the Mutual fund industry also decreased by 1.65% to ₹37.45 Lakh Crs. compared to ₹38.37 Lakh Crs in the previous quarter of Jan-Mar,22.
Equity oriented schemes witnessed inflow for the 16th consecutive month. However, equity inflows fell by 16.36% sequentially as rising inflation, geopolitical turmoil, and sell-off by FPI hit investors’ sentiment.
The Hybrid schemes witnessed net outflow of ₹2.27K Crs primarily from the Arbitrage fund category.
Average AUM of Debt Funds in June decreased by 1.04% to ₹13.48 Lakh Crs with the outflow of ₹92.72K Crs as compared to outflow of ₹32.72K Crs in the previous month. This is due to a combination of quarter-end withdrawals by institutional and corporate investors for advance tax payments, and mark-to-market impact on debt schemes from rising interest rates.
The SIP contribution dipped marginally over the last month to ₹12,276 Crs in June.
SBI Mutual Fund continued to enjoy the top slot for the 10th consecutive quarter in June.
For all these snippets and much more please read through our Mutual Fund Flow June-2022 report.