The mutual fund industry’s average AUM rose by 0.73% to reach ₹68.50 lakh crore.
Equity-oriented schemes recorded their highest-ever inflows at ₹41.89K crore, showing continued investor confidence despite market volatility.
Sectoral and thematic funds continued to see strong interest, with inflows at ₹12.28K crore, driven by new scheme launches.
Passive investments gained traction, with net inflows into index funds and ETFs surging by 619% to ₹23.43K crore, led by strong retail demand and overseas fund interest.
Hybrid schemes surged, with inflows up by 244% to ₹16.86K crore, led by arbitrage and dynamic funds.
Debt funds saw a major rebound, with average AUM increasing by 4.36% and net inflows reaching ₹1.57 lakh crore, driven by reinvestment post-tax outflows in September.
SIP investments reached a new all-time high of ₹25,322 crore, marking 16 consecutive months of record-breaking inflows.
For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for October, 2024.