Investment: Investment Of Rs 23,000 Crore In Equity Mutual Funds, Increased Attraction In Flexi Cap.
Key Sentence:
- 10083 crore in equity schemes in May and Rs. 3437 crore in April
- AUM Rs. 35.32 lakh crore with an all-time high
- Investments in mutual fund equity schemes have risen for the fifth consecutive month.
In July, a total of Rs. 22,583 crore has been invested. The highest investment is in the Flexi cap category. In the Flexi cap segment, the highest is Rs. 11508 crores has been invested. In June, total equity mutual fund investment stood at Rs. They were showing a four-fold growth against Rs 5,988 crore.
According to figures from the Association from Mutual Funds, Rs. 10083 crores, up from Rs. 3437 crore, Rs. 9115 crore was invested. Earlier, investors withdrew their investments from equity schemes from July 2020 to February 2021. Along with this, in July, the mutual fund industry's AUM was Rs. 35.32 lakh crore, with an all-time high. 33.67 lakh crore in June.
According to statistics, equity and equity-based open-ended schemes cost Rs. 22,583.52 crores was invested in July. However, from ELSS and Value Fund, Rs. 512 crore and Rs. 462 crore has been sold. Gopal Kavalireddy, Head of Research, FYERS, said the highest investment could be seen in ICICI Prudential Flexicap Fund and other new fund offerings.
19481 crore was invested in the hybrid fund
Investors in hybrid funds other than equities raised Rs. 19481 crore has been invested. In which Rs. 14924 crore investment is involved. In addition, in gold exchange-traded funds, Rs. 257 crore (Rs. 360 crore in June).
The investment in various debt funds has increased manifold.
Investors raised Rs. 73964 crore was invested in debt funds. In June, Rs. 3566 crores against the investment. With this, a total of Rs 1.14 lakh crore has been invested in the mutual fund industry in all segments.
NFOs accounted for 50%
Inequity and hybrid schemes, a record Rs. Investment flow of Rs 27,000 crore has been seen. NFO contributes 50 percent. AMC is trying to cover all the ranges through SEBI's scheme categorization rules and specific thematic launches. The momentum of passive products continues as foreign investment in foreign funds and funds of funds increases.
Ashish Somaiya, Chief Executive Officer, White Oak Capital, said, An investment of Rs 3,000 crore has been seen. Investors are constantly increasing investments in the correct category in mutual funds to make risk-free investments with positive market momentum.
Source from Divyabhashkar