India’s mutual fund industry reached a new high, with Assets Under Management (AUM) crossing ₹52.89 Lakh Cr in January 2024, driven by consistent inflows Equity funds and a remarkable inflows in Debt funds.
Equity mutual funds experienced their 35th consecutive month of inflows, registering a 28% increase.
Hybrid schemes continued to attract investors with a net inflow of ₹20.64k Cr, and Arbitrage funds remained a popular choice.
Net inflows in of passive funds increased by 6 times to ₹3.98k Crs from ₹573 Crs.
The average AUM of Debt funds increased by 2.67%, with a net inflow of ₹ 76.47k crores.
Corporate bond funds saw an impressive inflow of ₹1.3k crs, significantly higher than the ₹188 crs inflow recorded in December.
For a comprehensive understanding and more insights, please go through our detailed Mutual Fund Flow report.