Mumbai, June 10: According to data released by the Association of Mutual Funds in India (AMFI) on Wednesday, investor interest in equity mutual funds remained robust in May, resulting in a net inflow of ₹22,907.77 crore.
The total assets under management (AUM) in the mutual fund industry rose to ₹81.58 lakh crore. Additionally, the total number of folios increased to 27.65 crore, reflecting the growing participation of retail investors in financial markets.
Category-wise data revealed that flexi-cap funds attracted the highest net investment of ₹5,175.54 crore. This was followed by small-cap funds with ₹4,945.57 crore and mid-cap funds with ₹4,385.06 crore.
In total, over ₹14,500 crore was invested in flexi-cap, small-cap, and mid-cap funds, accounting for more than 63% of the total investment in equity funds for May. This indicates that investors are favoring diversified and broad market-based investment strategies.
Large and mid-cap funds saw a net investment of ₹3,278.22 crore, while multi-cap funds attracted ₹2,291.01 crore.
During May, hybrid schemes also saw positive investor interest, with a total net investment of ₹10,560.24 crore recorded in this category. Arbitrage funds led the hybrid funds with an investment of ₹5,697.90 crore, followed by multi-asset allocation funds with ₹3,928.51 crore.
In terms of passive investment products, index funds recorded a net investment of ₹943.26 crore, while funds of funds (FoF) investing in foreign markets saw an investment of ₹763.99 crore.
However, gold ETFs experienced a net outflow of ₹725.04 crore during May.
In April, investor participation in the mutual fund industry was even stronger, with total investments reaching ₹3.22 lakh crore, and a net investment of ₹38,440.20 crore recorded in equity-based schemes.
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