Today we present another report on the Indian Mutual Fund Industry. The data being presented is published by AMFI every quarter. Though we have covered other data releases by AMFI extensively, the one covered below here is part of new data series.
As of September, 2016 there are 5.05 crore accounts through which investments in Mutual Funds take place. Of this, 99% accounts are held by Individuals – both Retail at 94.91% and HNIs at 4.10% with Institutional Investors making investments from 0.04 crore accounts.
Since June-15 there have been 0.77 crore accounts added and since then, new account additions have increased by an avg. of 0.05 crore accounts or 5 lakh accounts every month and since Mar-14, accounts additions have remained positive.
Most of the accounts investing in Mutual Funds have remained concentrated in Equity Schemes which takes the lion’s share of investment at 80% – a constant number over the past 5 quarters or 15 months.
The average ticket size has always been higher for liquid and debt schemes which are dominated by Institutional Investors.
Growth in ticket size from Jun-16 to Sep-16 for Equity Schemes stood at Rs. 9,084/-, Debt Schemes at Rs. 51,975, Liquid Funds at Rs. 7.95 lakhs and ETFs at Rs. 47,860/-.
Over the past 5 quarters (Sep-15 to Sep-16)