In an environment where the equity markets have been volatile on back of various issues like Yes Bank, Coronavirus etc., the February mutual fund (MF) data shows that investors have kept faith in them. Equity inflows have surged 42 percent.
In terms of the assets under management (AUM), it is more than Rs 27 lakh crore and the equity schemes overall have seen about 40 percent rise month-on-month (MoM) and now is about Rs 10,000 crore. The bulk of the money coming in to equity schemes is going into largecap funds.
Liquid funds have seen an outflow but then month on month there have been a lot of factors at play for them, which is why this number are extremely volatile.
Outflows in credit risk fund seem to be abating a bit. The outflows have reduced from Rs 100-1200 crore to Rs 600-700 crore. Hybrid funds conitnue to see outflows as well.
However, systematic investment plan (SIPs) seem to be holding steady at round Rs 8500 crore.