According to the latest data available with Association of Mutual Funds in India (AMFI), Investors have pumped in over Rs 2.05 lakh crore into various mutual fund schemes in the first four months of the current financial year, 2015-16. As per the data, the equity and money markets contributed the most.
- During April-July period of 2014-15 the net inflow was about Rs 1.13 lakh crore. Surprisingly, in 2015-2016 the month July alone posted a staggering inflow of Rs 1.2 lakh crore. Such kind of a participation of investors in equity oriented funds is definitely a positive thing for the industry.
- Liquid or money market category witnessed an inflow of about Rs 1.28 lakh crore, while equity schemes saw an infusion of Rs 39,066 crore. The Income funds attracted a total of Rs 29,269 crore. However, investors have been staying away from investing in Gold Exchange Traded Funds (ETFs) as gold itself is trading below Rs 25,000 per 10 gm.
- This significantly pushed Indian retail investors towards equity schemes and as a result with the latest fund infusion, assets base of the country’s 44 mutual fund industry together has reached to an all time high of Rs 13.17 lakh crore at the end of July, 2015.
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