Equity MF’s Inflows Drop 22% To Rs 19,000 cr

New Delhi: Inflow in equity mutual funds dropped 21.66 per cent to Rs 19,013 crore in May, data released by Amfi on Tuesday showed. This was the fifth consecutive month of decline in inflow in equity funds. Also, the latest fund infusion by investors marks the 51st consecutive month of net inflows into the segment. On the other hand, debt funds registered an outflow of Rs 15,908 crore in the month under review after seeing a staggering inflow of Rs 2.2 lakh crore in April. Overall, the mutual fund industry experienced an infusion of over Rs 29,000 crore in May compared to Rs 2.77 lakh crore in the preceding month.

The inflow has lifted the industry’s asset under management to a record Rs 72.2 lakh crore as of May from Rs 70 lakh crore in April-end. According to the data, equity-oriented mutual funds saw an inflow of Rs 19,013 crore in May, lower than Rs 24,269 crore in April. Such funds witnessed an inflow of Rs 25,082 crore in March, Rs 29,303 crore in February, Rs 39,688 crore in January and Rs 41,156 crore in December.