Here is our monthly report covering the sales and redemption/ repurchase data of Mutual Funds in India. You can catch the previous edition here.
February 2017 witnessed a Net Inflow of Rs. 30,273 crore against Rs. 53,817 crore in January, 2017 – a fall of 43.75% with sales from new schemes and existing schemes at Rs. 13.70 lakh crore (a fall of 15.20% from Rs. 16.16 lakh crore) while Redemption which were lower 14% at Rs. 13.40 lakh crore.
Debt Funds: 36% drop in Purchases
Fresh purchases made by investors fell 36% sequentially from Rs. 86,027 crore to Rs. 55,219 crore.
Redemptions fell 23% at Rs. 44,355 crore against Rs. 57,439.
This resulted in a Net Inflow of Rs. 10,864 crore against a Net Outflow of Rs. 28,588 crore in January, 2017.
Equity: 18% growth in Purchases but Redemptions were also higher
Fresh purchases made by investors increased close to 20% from Rs. 17,614 crore to Rs. 20,832 crore.
Redemptions stood at Rs. 14,370 from Rs. 12,734 crore last month.
This resulted in the Net Inflow higher than witnessed in January, 2017 at Rs. 6,462 crore from Rs. 4,880 crore.
While fresh purchases witnessed a 15% jump from Rs. 4,979 crore to Rs. 5,737 crore, Redemptions fell 30% from Rs. 1,675 crore to Rs. 1,175 crore.
The Big Data Chart: Inflows, Outflows and Net flows
A repetition of the previous month wherein all the schemes witnessed a Net Inflow.
After hitting the highest ever redemption in 22 months, Liquid/ Money Market Funds levels went back to November, 2016 both in Purchases and Redemptions.
Source: AMFI -> Research & Information -> AMFI Monthly
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