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Equity AUM Reaches Rs 15 Trillion, Inflows Decelerate


The Nifty, after three consecutive months of decline, bounced back smartly in Jul'22 with 8.7% MoM gain - the highest since Dec'20, according to a report by Motilal Oswal.
The Nifty Midcap 100 (+12% MoM) outperformed the markets during the month. FIIs registered inflows of USD0.8b in Jul'22 after nine months of outflows totaling USD33.3b; YTD'CY22 outflows stood at USD25.4b. Domestic inflows decelerated to USD1.3b in Jul'22; YTD'CY22 inflows stood at USD27.6b

Equity AUM Reaches Rs 15 Trillion, Inflows Decelerate

"After declining for two consecutive months, equity AUM (including ELSS and index funds) of domestic MFs reached new highs of INR15.2t (+10.3% MoM) in Jul'22 as markets rebounded after three months of decline. Notably, the month saw a decline in sales of equity schemes (down 14.3% MoM to INR304b)," Motilal Oswal Financial Services has said in a report.

The pace of redemptions picked up to INR148b (up 16% MoM). Consequently, net inflows slowed to INR157b in Jul'22 from INR228b in Jun'22. Total AUM for the MF industry increased to INR37.7t (5.9% MoM) in Jul'22 - primarily led by a rise in AUM for equities (INR1,412b), other ETFs (INR380b), balanced (INR210b), and income (INR179b) funds . Contributions in systematic investment plans (SIPs) remained strong at INR121.4b in Jul'22 - an eleventh consecutive month of INR100b plus investment in the category.

Read more about: mutual fund mutual funds
Story first published: Monday, August 15, 2022, 11:59 [IST]
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