Equity Mutual Funds See Significant Inflows in March, Flexi-Cap Reaches Record High
9 equity mutual fund categories see inflows in March. Flexi-cap hits record Rs 10,054 crore
The Economic Times
Image: The Economic Times
Equity mutual funds in India experienced a substantial inflow of ₹40,450 crore in March, a 56% increase from February. Flexi-cap funds led the way with a record inflow of ₹10,054 crore, despite previous underperformance, indicating strong investor confidence in the market.
- 01Equity mutual fund inflows rose to ₹40,450 crore in March, a 56% increase from February.
- 02Flexi-cap funds recorded the highest inflow of ₹10,054 crore, marking a 45% growth.
- 03Smallcap and midcap funds saw inflows of ₹6,263 crore and ₹6,063 crore, respectively.
- 04Largecap funds received ₹2,997 crore, a 42% increase from February.
- 05ELSS and dividend yield funds experienced outflows of ₹437 crore and ₹59 crore, respectively.
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In March, equity mutual funds in India saw inflows of ₹40,450 crore (approximately $4.9 billion USD), marking a 56% increase from ₹25,977 crore in February. Flexi-cap funds led with an unprecedented inflow of ₹10,054 crore, a 45% rise from ₹6,924 crore the previous month. Despite some underperformance, Flexi-cap funds have attracted significant investment, indicating strong market confidence. Smallcap and midcap funds also performed well, with inflows of ₹6,263 crore and ₹6,063 crore, representing increases of 61% and 51%, respectively. Largecap funds saw an inflow of ₹2,997 crore, a 42% rise, while multi-cap funds received ₹2,981 crore, up 54%. However, sectoral and thematic funds faced a decline of 10%, attracting ₹2,698 crore. Notably, ELSS and dividend yield funds reported outflows of ₹437 crore and ₹59 crore.
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The significant inflows into equity mutual funds suggest growing investor confidence, which could lead to increased market stability and potential growth in stock prices.
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