The inflows into equity mutual fund schemes surged by 14% in the previous month, reaching ₹41,156 crore compared to ₹35,943 crore in November. This increase was primarily driven by the introduction of new fund offers (NFOs) in the market.
A total of ₹13,852 crore was raised through various NFOs, with equity NFOs accounting for ₹11,402 crore. Notably, thematic funds attracted the highest inflows of ₹15,332 crore, with 12 thematic NFOs collecting ₹11,337 crore in December.
Mid and flexi cap funds also saw significant inflows, with ₹5,093 crore and ₹4,731 crore respectively. Despite the consistent inflows, the overall equity assets under management remained stable at ₹30.57 lakh crore due to mark-to-market losses.
The benchmark indices, Sensex and Nifty, experienced a decline of two percent each in December, closing at 78,139 points and 23,644 points, compared to 79,802 points and 24,131 points in November.
Systematic Investment Plans (SIPs) witnessed a notable uptick in inflows, reaching ₹26,459 crore in December.
Overall, the robust performance of NFOs and thematic funds, coupled with steady SIP inflows, contributed to the strong equity inflows in the mutual fund industry. Despite market fluctuations, investors continue to show confidence in equity mutual fund schemes, signaling a positive outlook for the future.
