New Delhi, April 10 Equity-focused mutual fund schemes saw a net inflow of ₹40,450 crore in March, representing a 56% increase from the previous month, reflecting sustained investor confidence in equities despite market volatility and heightened geopolitical tensions.
The inflows were largely driven by strong participation in Flexi Cap, Mid Cap, and Small Cap funds, which together accounted for a significant portion of the total net additions.
Furthermore, monthly contributions through Systematic Investment Plans (SIPs) rose to ₹32,087 crore from ₹29,845 crore in the previous month, according to data released by the Association of Mutual Funds in India (Amfi).
Based on the data, equity inflows increased to ₹40,450 crore in March from ₹25,978 crore in February.
Within the equity segment, Flexi Cap funds led the category with net inflows of over ₹10,000 crore, followed by Small Cap funds at ₹6,263 crore and Mid Cap funds at ₹6,063 crore.
While most categories recorded positive flows, Dividend Yield and Equity Linked Savings Scheme (ELSS) funds saw marginal outflows due to some profit-taking or portfolio rebalancing.
Meanwhile, gold exchange-traded funds saw inflows of ₹2,266 crore in March, which was significantly lower than the ₹5,255 crore seen in February.
Overall, the industry recorded a net withdrawal of ₹2.4 lakh crore in March after witnessing an inflow of ₹94,530 crore in February. This was largely due to a significant outflow of ₹2.95 lakh crore from debt funds.
The outflow has pulled the industry's assets under management to ₹73.73 lakh crore at the end of March from ₹82.03 lakh crore at the end of February.
