Domestic mutual fund outflows at Rs 1.64 lakh crore in March—Key things to know

The home mutual fund business logged outflows to the tune of Rs 1.64 lakh crore in March, although property underneath administration grew 1.9 per cent to Rs 65.74 lakh crore, confirmed information from the Affiliation of Mutual Fund of India (AMFI) launched on Friday. Nevertheless, inflows in development or equity-focused schemes stood at Rs 25,082 crore through the month, with web inflows throughout classes, the business physique’s information launched.

Inside the open-ended umbrella, liquid funds confronted the most important chunk of outflows, at Rs 1,33,034 crore, adopted by money-market funds (Rs 21,301.1 crore), in line with AMFI.

Inflows in Fairness-oriented Mutual Fund Schemes | From largecap to midcap to smallcap to multicap to flexicap, how numerous classes fared in March

Inside the ‘development/equity-oriented’ class of schemes, flexicap and smallcap funds secured the most important chunk of inflows, amounting to Rs 9,707.1 crore, the information confirmed. 

Here is a abstract of inflows throughout numerous sub-types of fairness mutual fund schemes:

Outflows in Debt Funds

Within the debt fund class, outflows have been recorded at Rs 2,02,663 crore final month, with AUMs at Rs 15,20,705.8 crore, as of March 31. 

Outflows in Hybrid Funds

On the flipside, hybrid funds noticed total outflows of Rs 946.6 crore final month. 

How Options-oriented schemes fared

Options-oriented schemes—similar to retirement funds and youngsters’s funds—attracted inflows to Rs 241.2 crore final month.