Equity mutual fund inflow doubles to Rs 14,000 crore in September

Equity mutual fund inflows stabalised in September with net inflows worth Rs 14,099.73 crore. All equity mutual fund categories saw net inflows in September, with thematic and sectoral funds topping the charts with Rs 4,418 crore. Debt mutual funds saw a net outflow of Rs 65,372.40 crore in September with money market funds and liquid funds seeing the most outflows.

ETFs and passive funds continued to see big inflows even in September. The passive fund categories saw a cumulative inflow of Rs 13,623.34 crore with ETFs gaining Rs 10,807.60 crore in September.

Among equity categories, sectoral funds, mid cap funds and flexi cap funds saw inflows more than Rs 2,000 crore. Dividend yield funds and ELSS funds saw the least amount of inflows in September. Five new active equity schemes were launched in September which mobilized Rs 5,836 crore. Here’s a look at the data:

Scheme Name	Net Inflow/Outflow (in crore)	Net AUM as on September 30, 2022 (in crore)
Multi Cap Fund	724.71	62,435.41
Large Cap Fund	274.18	233,619.48
Large & Mid Cap Fund	1,468.82	121,761.61
Mid Cap Fund	2,151.15	178,867.43
Small Cap Fund	1,825.48	123,153.93
Dividend Yield Fund	41.87	9,910.09
Value Fund/Contra Fund	519.19	84,511.49
Focused Fund	197.96	102,208.64
Sectoral/Thematic Funds	4,418.61	159,075.50
ELSS	76.56	149,371.14
Flexi Cap Fund	2,401.20	238,885.44

Source: AMFI

Amid debt mutual funds, overnight funds are the only big gainers with an inflow of Rs 33,128.33 crore. Long duration funds also saw inflows of Rs 110 crore. Gilt funds and Gilt funds with 10 year duration saw small inflows in September. Other than these categories all the other debt fund categories saw huge outflows in the month of September. 4 closed ended debt funds were launched in September which saw inflows worth Rs 1,117 crore.

Scheme Name	Net Inflow/Outflow (in crore)	Net AUM as on September 30, 2022 (in crore)
Overnight Fund	33,128.33	141,319.78
Liquid Fund	-59,970.30	352,213.14
Ultra Short Duration Fund	-8,453.81	89,480.74
Low Duration Fund	-7,659.85	95,673.48
Money Market Fund	-11,232.06	107,379.30
Short Duration Fund	-1,030.86	97,272.50
Medium Duration Fund	-669.08	28,203.83
Medium to Long Duration Fund	-89.58	8,926.80
Long Duration Fund	110.76	2,828.43
Dynamic Bond Fund	-753.38	22,083.90
Corporate Bond Fund	-2,925.75	112,782.60
Credit Risk Fund	-491.97	25,821.13
Banking and PSU Fund	-4,225.05	77,677.77
Gilt Fund	6.64	15,700.26
Gilt Fund with 10 year constant duration	1.20	1,498.84
Floater Fund	-1,117.64	62,811.57

Source: AMFI

Among hybrid schemes, arbitrage funds and equity saving funds continued to see big outflows in September too. AMFI Chief Executive, NS Venkatash, said that the arbitrage funds are losing AUM because of the shrinking spread between cash and futures. Other hybrid fund categories saw net inflows in September. Dynamic Asset Allocation funds saw the maximum inflows of Rs 524.70 crore.

Scheme Name	Net Inflow/Outflow (in crore)	Net AUM as on September 30, 2022 (in crore)
Conservative Hybrid Fund	130.18	22,323.94
Balanced Hybrid Fund/Aggressive Hybrid Fund	760.44	154,007.53
Dynamic Asset Allocation/Balanced Advantage Fund	524.70	189,849.22
Multi Asset Allocation Fund	122.62	20,839.69
Arbitrage Fund	-4,022.78	77,689.88
Equity Savings Fund	-203.13	17,037.94

Source: AMFI