Mutual Fund Industry Average AUM rose to ₹40.08 Lakh Crs in January, marginally higher than the previous month.
Avg. AUM of Equity oriented schemes decreased by 1.5% despite a 70% rise in net inflows compared to December month.
With spreads improving, Arbitrage funds saw inflows of ₹2.05k Crs, as investors preferred them over liquid funds for better tax efficiency.
Average AUM of Debt Funds increased by 2.06% to ₹13.24 Lakh Crs with a fall in net outflows at ₹10.32k Crs.
For all these snippets and much more please read through our Mutual Fund Flow January-2023 report.