April Sees Mixed Inflows in Equity Mutual Funds, Flexi Cap Hits Record ₹10,147 Crore
These 9 equity mutual fund categories see inflows in April. Flexi cap hits record Rs 10,147 crore
The Economic Times
Image: The Economic Times
In April, equity mutual fund inflows decreased by 5% to ₹38,440 crore compared to March. Flexi cap funds achieved record inflows of ₹10,147 crore, while smallcap and midcap funds also saw significant increases. However, largecap and sectoral funds experienced declines in inflows.
- 01Equity mutual fund inflows fell to ₹38,440 crore in April, down 5% from March.
- 02Flexi cap funds reached record inflows of ₹10,147 crore, up 1% from the previous month.
- 03Smallcap funds saw inflows of ₹6,885 crore, marking a 10% increase.
- 04Largecap funds experienced a 16% decline in inflows, totaling ₹2,524 crore.
- 05ELSS and dividend yield funds faced outflows of ₹567 crore and ₹20 crore, respectively.
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In April, equity mutual fund inflows declined by 5% to ₹38,440 crore compared to ₹40,450 crore in March. Flexi cap funds led the inflows with a record ₹10,147 crore, reflecting a 1% increase from the previous month. Smallcap and midcap funds also performed well, attracting inflows of ₹6,885 crore and ₹6,551 crore, respectively, with increases of 10% and 8%. Conversely, largecap funds saw a 16% drop in inflows, totaling ₹2,524 crore, and sectoral funds experienced a 28% decline, bringing in ₹1,949 crore. Notably, ELSS funds and dividend yield funds faced outflows of ₹567 crore and ₹20 crore respectively, indicating a shift in investor preferences towards more diversified and growth-oriented options.
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The shift in inflows towards smallcap and flexi cap funds indicates a growing confidence in the Indian economy, potentially leading to increased investment opportunities for retail investors.
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