Mutual Fund Flows – April 2023

May 12, 2023

The Mutual Fund industry‘s Avg. AUM increased by 3.70% to ₹41.52 Lakh Crs in April with net inflow of ₹1.21 Lakh Crs, largely driven by inflows in debt mutual funds.

Flows into equity mutual funds in April slowed down to ₹6,480 Crs from ₹20,534 Crs in March.

The passive funds witnessed an inflow of ₹6.95k Crs in April. The net inflows in Index funds dropped from ₹27.32k Crs to ₹147 Crs in April as the benefits of LTCG tax and indexation for debt mutual funds ended on 31st March 2023.

Among the debt category Liquid funds witnessed maximum inflows.

For all these snippets and much more please read through our Mutual Fund Flow April-2023 report.