The Mutual Fund industry’s Average AUM surged by 2.97%, reaching an impressive ₹68 Lakh Crs in September.
Equity oriented schemes have experienced 43 consecutive months of positive inflows, elevating the average AUM to ₹30.65 Lakh Crs.
SIP investments hit a record high of ₹24,509 Crs, marking 15 consecutive months of all-time high inflows.
The Dividend Yield category saw a significant jump in inflows in September 2024, reaching ₹1.5K Crs with ₹1,006 Crs contributed by NFO.
Inflows into hybrid schemes saw a sharp decline of 52%, dropping to ₹4.9K Crs, largely due to significant outflows from arbitrage funds.
The average AUM of debt funds decreased by 0.75%, experiencing a net outflow of ₹1.13 Lakh Crs in September.
Among long-term debt funds, Corporate Bond funds experienced the highest inflow, receiving ₹5.04K Crs, followed closely by Gilt funds.
For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for September, 2024.