Parag Parikh Flexi Cap among 6 equity mutual funds to receive over Rs 7,000 crore inflows in April. Check details
By Surbhi Khanna, ET Online |
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Huge inflows
Around six equity mutual funds received over Rs 7,000 crore in inflows in April. There were 738 funds, including mutual funds and equity-oriented SIFs. Here is a detailed breakup (Source: ACE MF)
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Parag Parikh Flexi Cap Fund
Parag Parikh Flexi Cap Fund, the largest active fund and flexicap fund based on assets managed, received the highest inflow of Rs 11,983 crore, taking the total AUM to Rs 1.40 lakh crore in April, compared to Rs 1.28 lakh crore in March.
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Nippon India Small Cap Fund
Nippon India Small Cap Fund, the largest smallcap fund based on assets managed, received an inflow of Rs 10,864 crore, taking the total AUM to Rs 72,672 crore in April against Rs 61,808 crore in March.
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Two from HDFC Mutual Fund
HDFC Mid Cap Fund received a total inflow of Rs 9,386 crore on a monthly basis, taking the total AUM to Rs 94,744 crore in April. HDFC Flexi Cap Fund received a total inflow of Rs 9,144 crore on a monthly basis, taking the total AUM to Rs 1 lakh crore in April.
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Kotak Midcap Fund
Kotak Midcap Fund received a total inflow of Rs 7,863 crore, taking the total AUM to Rs 63,539 crore in April.
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SBI Equity Hybrid Fund
SBI Equity Hybrid Fund received a total inflow of Rs 7,061 crore, taking the total AUM to Rs 83,353 crore in April.
