The Mutual Fund industry’s Avg. Assets Under Management soared by 5.50%, reaching an impressive ₹64.71 Lakh Crs in July.
The Avg. AUM of Equity Oriented Schemes saw a robust increase of 6.2%, reaching ₹28.50 Lakh Crs.
The Sectoral/Thematic funds attracted inflows of ₹18.39K Crs in July, slightly down from the ₹22.35K Crs received in June.
Hybrid schemes witnessed a remarkable doubling in net inflows, reaching ₹17.44K Crs with major inflows in Arbitrage fund category.
The Avg. AUM of Debt Funds climbed by 5.05%, reaching ₹15.95 Lakh Crs in July, fueled by a net inflow of ₹1.19 Lakh Crs.
Investment through SIPs hit a new all-time high of ₹23,332 Crs in July, surpassing the previous record of ₹21,262 Crs set in June.
For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for July 2024.