Mumbai: Monthly investments in mutual funds through Systematic Investment Plans (SIPs) reached an all-time high in September. According to data released on Monday by the Association of Mutual Funds in India (AMFI), total SIP investments in September reached ₹32,490 crore, compared to ₹32,297 crore in August.
The mutual fund industry’s total assets under management (AUM) stood at ₹82.64 lakh crore during this period. Net investments in equity mutual fund schemes increased by 30.6 percent to ₹38,306.55 crore.
Small-cap funds saw the highest inflows
According to AMFI data, open-ended equity schemes received ₹74,831.96 crore inflows in September, while withdrawals amounted to ₹36,525.41 crore.
The net AUM of equity schemes stood at ₹37.54 lakh crore. The average AUM of these schemes during the month was ₹38,50,660.61 crore.
Among the various equity fund categories, small-cap funds led the way in terms of inflows. These funds received net inflows of ₹9,038.57 crore through 3.03 crore folios. During this period, small-cap funds attracted ₹13,025.13 crore inflows, while withdrawals amounted to ₹3,986.56 crore.
Mid-cap funds saw net inflows of ₹7,834.84 crore and flexi-cap funds saw net inflows of ₹6,701.80 crore. Large and mid-cap funds saw net inflows of ₹4,271.22 crore and multi-cap funds saw net inflows of ₹3,859.55 crore.
Investments also came in these funds
Thematic funds saw net inflows of ₹1,800.07 crore and sectoral funds saw net inflows of ₹1,840.02 crore in September. Focused funds saw inflows of ₹1,390.84 crore, value funds saw inflows of ₹1,290.89 crore, and large-cap funds saw inflows of ₹859.47 crore.
However, investors also withdrew money from some equity schemes. In September, there were net outflows of ₹97.88 crore from contra funds and ₹662.14 crore from ELSS tax-saver funds.
Net investment of ₹15,501 crore in ETFs
Exchange-traded funds (ETFs) saw a total net inflow of ₹15,501.40 crore in September. Equity ETFs led the way, with ₹9,959.96 crore inflows.
Meanwhile, gold ETFs saw net inflows of ₹4,450.61 crore and silver ETFs saw net inflows of ₹1,974.32 crore.
Equity mutual funds had previously seen net inflows of ₹29,328.62 crore in August.
At the same time, in July, investment of ₹31,961 crore came through SIP, which shows an increase of 12.28 percent on an annual basis.