October SIP Inflows Drop to ₹32,160 Crore Amid Market Volatility
October SIP inflows into mutual funds fell to ₹32,160 crore, down from ₹32,490 crore in September, reflecting market instability.
Mumbai, November 11 (Daily Kiran) : October saw systematic investment plan (SIP) inflows into mutual funds reach ₹32,160 crore, a decline from ₹32,490 crore in September and ₹32,297 crore in August. This data was released by the Association of Mutual Funds in India (AMFI).
During this period, equity mutual funds recorded inflows of ₹32,994 crore, down from ₹38,307 crore in September. Analysts attribute this decrease to global instability impacting market fluctuations.
Within the equity mutual funds category, investments in large-cap funds increased from ₹859 crore to ₹1,032 crore. Conversely, mid-cap investments fell sharply from ₹7,835 crore to ₹4,893 crore. Small-cap funds also experienced a decline, with inflows dropping from ₹9,039 crore to ₹6,408 crore. Flexi-cap funds saw investments of ₹4,980 crore, down from ₹6,702 crore the previous month, while large and mid-cap funds rose from ₹4,271 crore to ₹8,484 crore.
In fixed-income mutual funds, net investments totaled ₹1.13 lakh crore in October, a significant rebound from the net outflow of ₹1.83 lakh crore recorded in September.
October also marked a net inflow of ₹3,090.51 crore into index funds, comprising ₹1,947.81 crore in equity funds, ₹1,134.42 crore in debt funds, and ₹8.27 crore in hybrid funds.
Exchange-traded funds (ETFs) saw a substantial net inflow of ₹20,303.98 crore in October, including ₹12,973.78 crore in equity ETFs, ₹751.11 crore in debt ETFs, and ₹3,474.03 crore in gold ETFs, among others.
