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Mutual Fund Investors Change Pace & Tack AMID Stock Slide

Retail investors maintained their mutual fund investments in February despite market Volatily, with a Slight Dip in Sip Contributions and Equity Inflows. Shift Towards Flexicap Funds Was Noted, While Small and Midcap Funds FACED Declines. Gold ETFS Saw Strong Annual Inflows but dropped monthly. The overall aum reduced mainly due to mark-to-market losses in equity funds.

Mumbai: Retail investors Continued to Invest through the Mutual Fund Route in Feb Despite a Volatile Market. However, they made some changes to their investment pattern, top mf executives and analysts said after Industry Body AMFI AMFI on WednsDay related the data for
Monthly Gross Inflows through the Sip Route, that over the last few years have emerged as the preferred mode of investment for retail investors, dipped to Rs 25,999 Crore In Feb from RS 26,400 CROM RS 26,400 CROM RES JAN.
Amfi Chief Venkat Chalasani pointed out that Feb usually records a dip in gross sip flows. On Annual Basis, Monthly sip flowshowever, showed a Nearly 36% Jump from Rs 19,187 Crore in Feb 2024. The latest data also showed that equity inflows doubles doubles 26% on the month, although it was the 48th CONSCATIVE MONTH INFLOWS.

Snip, SNIP, SIP

Despite net positive flows through equity fundsThanks to the bad market conditions in Feb, Fund Industry's Total Assets Under Management (AUM) Fell 4% to About Rs 64.5 Lakh Crore from 67.3 Lakh Crore in the Previous Month. “The decline in the overall aum from jan to feb was primarily due to mark-to-market losses in equity funds,” Chalasani said.
Debt funds showed a net outflow of about Rs 6,500 crore Top Industry Players pointed out that with the stock market showing flexicap fundsThematic and sectorral funds still remain one of the favorite among investors, they said.
In Feb, Small Cap Schemes Net Took in Rs 3,722 Crore, Compared to Rs 5,721 Crore in Jan, A 35% Drop. Similarly, the corresponding figures for midcap schemes was Rs 3,407 Crore and Rs 5,148 Crore, A 34% decline. In contrast, flexicap funds net took in Rs 5,104 Crore in Feb, Compared to Rs 5,698 Crore in Jan, A Drop of Nearly 12%.
The data also showed that gold ETFS Continued to Attract Strong Inflows, Thought the Pace Had Slowed on a Monthly Basis but jumped on Annual Basis. Compared to a network of Rs 3,751 Crore in Jan, The Feb Figure was at Rs 1,980 Crore. The number for Feb 2024 was 997 Crore.

(Tagstotranslate) Business News (T) Stock Market Volativity (T) Retail Investors (T) Mutual Fund Investing (T) Monthly Sip Flows Flows (T) Gold ETFS Inflows (T) Flexicap Funds (T) Equity Funds