The entrances to the equity mutual funds rose 3% in August to Rs 38,239 crore from Rs 37,113 crore in July. Inflows into sector/thematic funds decreased by 1% to Rs 18,117 crore.
Debt mutual funds recorded an inflow of Rs 45,169 crore in August, registering a 62% month-on-month decline against an inflow of Rs 1.19 lakh crore in July.
Among equity mutual funds, flexible cap funds secured the second spot on the inflow chart and received a total inflow of Rs 3,513 crore in August. All categories except ELSS funds and focused funds have continued to receive inflows in August. ELSS funds and focused funds have continued to witness outflows for the fifth consecutive month. In August, ELSS funds and focused funds saw outflows of Rs 205 crore and Rs 83 crore respectively. In percentage terms, large cap funds saw the highest increase in inflows at 293% from Rs 670 crore in July to Rs 2,636 crore in August.
Small-cap funds have received inflows worth Rs 3,209 crore in August. Dividend yielding funds have received the lowest inflow of Rs 499 crore as against an inflow of Rs 630 crore in July, marking a 21 per cent decline in net inflows in the category.
Debt mutual funds recorded an inflow of Rs 45,169 crore in August, marking a 62 per cent decline in the net inflow in the category. The maximum inflow was recorded in overnight funds. Liquid funds saw an inflow of Rs 15,105 crore in August as against an outflow of Rs 4,451 crore in July.
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