According to data released by the Association of Mutual Funds of India (AMFI) on January 9, inflows into open-ended equity mutual funds increased 14.5 pe cent over the previous month to Rs 41,155.91 crore in December, driven by increased investments in small-cap along with and thematic and sectoral funds.
In December, the monthly inflows through the systematic investment plan (SIP) surpassed the Rs 26,000 crore mark for the first time. November’s SIP contribution was Rs 25,320 crore, while this month’s contribution was Rs 26,459 crore.
Equity Funds inflows
Month-over-month (MoM) inflows into the Sectoral/Thematic Funds category of the equity segment doubled to Rs 15,331.54 crore in December.
The collections made by new fund offers (NFOs) during the month were the main cause of the increased inflows. In December, 12 NFOs collected Rs 11,337 crore in total.
Category wise inflows
While large-cap MFs saw a 21 per cent decline from Rs 2,547 crore in November to Rs 2,010 crore in December of last year, mid-cap MFs saw an inflow of Rs 5,093 crore in December, which was 4 per cent higher than the corresponding figure in November.
In December, inflows into small-cap mutual funds increased 13.5 per cent to Rs 4,667 crore, while in November, the same amount was Rs 4,111 crore.
The Rs 4,730 crore inflow for flexi-cap mutual funds was 7 per cent less than the Rs 5,084 crore inflow for November. In contrast, the inflow into multi-cap schemes was Rs 3,075.11 crore, 15 per cent less than the Rs 3,626 in November.
Debt Funds outflows
Debt funds saw an inflow of Rs 12,915.9 crore in November and an outflow of Rs 1.27 lakh crore in December. Liquid funds saw an outflow of Rs 66,532.1 crores, while overnight funds saw an outflow of Rs 22,347.6 core.
In December 2024, the SIP contribution was Rs 26,459 crore, while in November 2024, it was Rs 25,320 crore, and in October, it was Rs 25,332 crore. According to AMFI, 41.89 lakh new folio additions occurred during the reviewed month.
