Mutual Fund equity inflows tappers as markets tank

Table of Content


The inflow into equity mutual fund schemes plunged to ₹29,303 crore against ₹39,688 crore as the sharp fall in key benchmark markets rattled investors confidence.

The equity asset under management was also down by about ₹2 lakh crore at ₹27.39 lakh crore against ₹29.46 lakh crore in January largely due to mark-to-market loss, according to the data from Association of Mutual Funds in India.

The SIP contribution was lower at ₹25,999 crore against ₹26,400 crore in January due to lower number of days in February.

The number of SIP accounts closed jumped sharply to 65 lakh against new accounts opened at 44 lakh.

AMFI said the industry had to close 54 lakh accounts which had not been contributing consistently for three consecutive months. This was done as per SEBI mandate came into force last April.

AMFI expects another 12-15 lakh SIP accounts to be closed as per SEBI regulations. The SIP asset was down at ₹12.38 lakh crore (₹13.02 lakh crore).

Nehal Meshram, Senior Analyst – Manager Research, Morningstar Investment Research India said the pace of investments moderated compared to the previous month due to increased market uncertainty and a broader correction in equities.

Several factors contributed to the decline in investor sentiment, including concerns over rising interest rates in developed markets, particularly the US, she said.

Investors are adopting a cautious yet steady approach, reassessing their portfolios while maintaining long-term investment commitments, she added.





Source link

AIMPWA

mmkrishnandasu@gmail.com http://msmenews.sbs

Leave a Reply

Your email address will not be published. Required fields are marked *

Recent News

Trending News

Editor's Picks

Muthoot Finance crosses ₹1 lakh crore in gold loan AUM

Continuing its leadership in the gold loan sector, Muthoot Finance has surpassed ₹1 lakh crore in gold loan AUM as of March 14, 2025. The achievement comes amid a strong demand for gold loans, as credit availability from other sources, including fintech lending, unsecured loans, and microfinance, has moderated in recent months, said a press...

ALL INDIA MSMES PROMOTION AND WELFARE ASSOCIATION

Quick Links

Popular Categories

Must Read

AIMPWA © 2025- All Right Reserved. Designed and Developed by  growGX.com