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Charts & Analysis

Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases

Monthly-Mutual-Fund-Data-Sales-Net-Inflow-Outflow-December-2016.png

Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases
December witnessed an Net Inflow of Rs. 10,923 crore against Rs. 36,021 crore in November, 2016. This is the 6th consecutive month wherein the inflows were higher than outflows.
Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases
Total Inflow stood at Rs. 1,414,031 crore against an outflow of Rs. 1,403,108 crore.
Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases

Debt Funds: 60% jump in Redemption

  • Fresh purchases made by investors fell 15% sequentially from Rs. 83,068 crore to Rs. 70,480 crore.
  • Redemptions were higher 60% sequentially at Rs. 103,662 crore – highest in the past 21 months. November redemptions stood at Rs. 64,762 crore.
  • This resulted in a Net Outflow of Rs. 33,182 crore against a Net Inflow of Rs. 18,306 crore in November.

Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases
Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases

Equity: Highest Net Inflow since June 2015

  • Fresh purchases made by investors fell 20% sequentially from Rs. 22,816 crore – to Rs. 18,217 crore.
  • Redemptions were lower 41% sequentially at Rs. 8,114 crore from Rs. 13,737 crore last month.
  • This resulted in the Net Inflow growing a little over 11% sequentially from Rs. 9,079 crore to Rs. 10,103 crore.

Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases
Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases

Balanced Funds

  • 4% growth in Fresh Purchases against 20% fall in Redemptions.
  • Purchases stood at Rs. 4,498 crore (highest since Dec-15) against Redemptions of Rs. 551 crore (lowest since Apr-16).

Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases
Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases

The Big Data Chart: Inflows, Outflows and Net flows

  • A repetition of September, 2016 when Debt funds witnessed net outflows against remaining 3 funds which all witnessed net inflows.
  • Liquid/ Money Market Funds have witnessed higher inflow and outflows similar to April, 2016.
  • Equity and Balanced funds highest net inflows since July-15 and July-16 respectively.

Debt Funds Redemption Jumps 60%, Equity Funds Witness Lower Purchases
Source: AMFI -> Research & Information -> AMFI Monthly
We cover the monthly report covering the sales and redemption/ repurchase data of Mutual Funds in India. This is a regular feature and you can catch the previous month report here: Equity Funds Purchases At 20 Month High, Debt Funds Witness Lower Purchases & Higher Redemptions