Aspire Market Guides


In June 2024, the Indian mutual fund industry achieved new milestones. According to research by the Association of Mutual Funds in India (AMFI), the industry’s assets surged to ₹61.16 lakh crore, driven by substantial net inflows across various fund categories.

The number of folios crossed the 19 crore mark.

Equity funds

Equity mutual funds witnessed an all-time high monthly inflow of approximately ₹40,608 crore.

Sectoral and thematic funds led the charge with record inflows of ₹22,351 crore, largely due to new fund offerings (NFOs) in different sectors.

Total assets under equity funds reached ₹27.68 lakh crore, accounting for 45% of the industry’s total assets, AMFI said.

Debt funds

Despite outflows from debt mutual funds in June, primarily driven by quarter-end obligations for advance tax payments by corporates and banks, long-duration funds continued to attract net inflows.

Liquid funds recorded reduced outflows of ₹80,354 crore compared to the previous quarter-end, according to AMFI.

Hybrid funds

Assets under hybrid funds reached a new high of ₹8.09 lakh crore, supported by inflows of ₹8,855 crore during the month.

Arbitrage and multi-asset allocation funds accounted for a significant 82% of the category’s inflows.

Passive funds

Passive funds surged to a record high of ₹10.48 lakh crore, constituting 17% of the industry’s assets.

Exchange-traded funds (ETFs) specifically saw assets reach ₹7.44 lakh crore, representing 71% of the passive segment’s total assets.

SIP trend

Systematic Investment Plan (SIP) flows peaked at an all-time high of ₹21,262 crore in June, with SIP accounts totaling 8.99 crore.

SIPs now constitute approximately 20% of the industry’s total assets.



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