In addition to the steady rise in the equity market, new fund offers (NFOs) and stable SIP,attracted a net investment.

keypoints:

• The uninterrupted boom in equity markets, strong inflows into NFOs, stable SIP.
• Equity MF to Rs. 8,666 crore investment.
• In addition to the steady rise in the equity market, new fund offers (NFOs) and stable SIP books have attracted a net investment.

In addition to the steady rise in the equity market, new fund offers (NFOs) and stable SIP books have attracted a net investment of Rs 8666 crore in equity mutual funds in August.

Investment in Mutual Funds has been positive for the sixth consecutive month due to a market rally. A report by the Association of Mutual Funds in India (AMFI) shows that in July, Rs. Much higher than the net inflow of Rs 22,583 crore.

Inequity schemes, Rs. 5,988 crore, up from Rs. 10,083 crore, up from Rs. 3,437 crore and Rs. A net inflow of Rs 9,115 crore was observed. Before this, there was a steady flow of investment in equity schemes for eight months, from July 2020 to February 2021. As a result, mutual fund assets under management (AUM) of the fund industry reached a record high of Rs 36.6 lakh crore in August against Rs 35.32 lakh crore in July.

NS Venkatesh, Chief Executive, AMFI, said that the overall positive flow in open-ended mutual fund (MF) schemes and market indices has helped the Indian MF industry cross the record AUM of Rs 36 lakh crore in August 2021. In August, there was an inflow of Rs 8,666.68 crore in equity and equity-linked open-ended schemes.

Gold ETFs hit Rs. There was an investment flow of Rs 24 crore. The inflow was Rs 61.5 crore in July. Investors have invested in debt mutual funds up to Rs. 1,074 crore in July. 73,964 crore. Overall, the mutual fund industry last month saw a rise of Rs. The net inflow was Rs 32,976 crore as against Rs 1.14 lakh crore in July.

The highest investment in the Flexi-Cap segment in the

fund category Among the categories of equity funds, the Flexi-Cap segment saw the highest net infusion of Rs 4,741 crore, followed by Focus Fund at Rs. 3,073 crore net investment and Rs. Sectoral funds with an attraction of Rs 1,885 crore were seen. However, investments in multi-cap, large-cap, small-cap funds, equity-linked savings schemes (ELSS) and value funds were withdrawn last month. In addition to equities, investors invested Rs 18,706 crore in hybrid funds during the month under review. The arbitrage fund includes Rs 16,571 crore.

The number of investors in SIPs has increased to 4.32 crore. The

the number of investor accounts in SIPs has increased to 4.32 crore in August from 4.17 crore in the previous month. In addition, in July, Rs. The monthly SIP contribution during the period under review was also Rs 9,609 crore. 9,923.15 crore. Venkatesh of Amphitheater said the SIP number reflects the established and growing retail preference towards mutual funds as a long-term wealth creation avenue.

Ashwin Duggal, co-chief business officer, Nippon India Mutual Fund, said investors were accepting the equity fund with low yields on debt instruments, including low-interest rates on FDs and stable returns in gold. Even though the markets have reached historically high levels, they believe that two factors will strengthen the retail flow.