India’s mutual fund industry reached a new high, with Assets Under Management (AUM) crossing ₹54.53 Lakh Crs in February 2024, driven by consistent inflows Equity funds and a remarkable inflows in Debt funds.
Equity mutual funds experienced consecutive inflows for 3 years, registering a 23% increase in February.
Hybrid schemes continued to attract investors with a moderation in net inflow at ₹18,105 Crs and Arbitrage funds remained a popular choice.
Net inflows in of passive funds doubled to ₹9,756 Crs from ₹3,983 Crs.
The average AUM of Debt funds increased by 1.75%, with a net inflow of ₹63,809 Crs.
Corporate bond funds saw an impressive inflow of ₹3,029 Crs from ₹1,301 Crs in the previous month.
For a comprehensive understanding and more insights, please go through our detailed Mutual Fund Flow report.