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Equity-oriented schemes garnered Rs 38,306.55 crore in September, a rise of approximately 31% from Rs 29,328.62 crore in August, as per the latest figures released by the Association of Mutual Funds in India (AMFI). Debt mutual funds experienced net outflows of Rs 1,83,155.76 crore, in contrast to outflows of Rs 8,127.32 crore in the prior month. Data indicated that the mutual fund industry as a whole registered net outflows of Rs 1,33,214.25 crore in September, reversing net inflows of Rs 41,368.05 crore in August.
Hybrid mutual funds registered net outflows of Rs 456.68 crore, a reversal from the Rs 10,045.34 crore in inflows observed during August. Exchange-traded funds (ETFs) attracted an inflow of Rs 15,501.40 crore, an increase from Rs 10,160.87 crore in August. Index funds experienced net outflows of Rs 3,614.03 crore, following inflows of Rs 787.49 crore in August.
AMFI data indicated that monthly mutual fund inflows via systematic investment plans (SIPs) reached a record high in September, advancing to Rs 32,490 crore from Rs 32,297 crore in August.
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