Total assets under management of the Indian mutual fund industry rose 6.47 per cent to a new all time high of Rs 69.99 lakh crore in April, 2025 compared to over Rs 65.74 lakh crore in March, 2025 aided by robust inflows across MF schemes – debt(Rs 2,19,136.27 crore), equity (Rs 24,269.26 crore), hybrid (Rs14,247.55 crore) and ETF( Rs19,056.66 crore).
As gold price surged in April, investors booked profit for the second consecutive month by going for redemption from Gold ETFs as there was net outflow of Rs 5.82 crore due to higher redemption( Rs 1,669.08 crore) than inflows(Rs 1,663.26 crore).
Mutual fund industry SIP inflows touched a new high in April of Rs 26,631.88 crore and added over 46.01 lakh new SIPs.The number of contributing SIP accounts stood at 8.38 crore, as per monthly data released by Association of Mutual Funds in India.
The equity fund inflows remained positive for the 50th month with an inflow of Rs 24,269.26 crore.
However, equity fund inflows have been dropping for the last four months after touching an all-time high of Rs 41,155.91 crore in December, 2024. Small-cap(Rs 3,999.95 crore) and Flexi-cap funds( Rs 5541.71 crore) net inflows were highest among equity funds.
“Debt schemes of short maturities up to 1 year have seen strong flows, reflecting uncertainty in the minds of investors while flows into funds of maturities beyond 1 year have been relatively muted,” said Madhu Nair, CEO, Union AMC.
“Debt mutual funds recovered their liquidity which had dried up due to the advance tax outflows and other cash commitments in March. However, these are more reflective of corporate flows as compared to equities which are more retail or individual investors driven,” said Vikas Gupta, CEO, OmniScience Capital.
Among hybrid funds, arbitrage funds saw net inflow of Rs11,790.37 crore.
“While geopolitical developments and border tensions may introduce short-term market volatility, investors are encouraged to stay focused on their long-term financial goals. Reacting impulsively to temporary market movements can derail investment strategies,”Chalasani said.
