Shares of HDFC Asset Management Company (HDFC AMC), Computer Age Management Services (CAMS), Angel One and other capital market firms declined on Wednesday as equity mutual fund inflows registered a sharp 26 percent drop in February amid market volatility.
According to data released by the Association of Mutual Funds in India (AMFI) on March 12, equity mutual fund inflows fell to Rs 29,303.34 crore in February 2025 from the previous month, reflecting investor caution in a volatile market environment.
The overall assets under management (AUM) of the Indian mutual fund industry also took a hit, declining 4.04 percent to Rs 64.53 lakh crore in February from Rs 67.25 lakh crore in January. The drop was attributed to market losses in the equity segment.
Equity fund inflow fell by 26% to Rs 29,303 crore in February amid market selloff, shows AMFI data
HDFC AMC shares reacted to the development, falling 2.94 percent to an intraday low of Rs 3,668.3 on the NSE before trimming losses to trade at Rs 3,732.75, down 1.23 percent. CAMS shares slipped 2.22 percent to Rs 3,290 per share during the session.
Angel One Ltd also witnessed selling pressure, declining 2.42 percent to an intraday low of Rs 2,047 on the NSE. The stock has been under pressure for the past four sessions, losing 6.65 percent in the period.
Meanwhile, shares of 360 One Wam Ltd extended their losing streak for a third consecutive session, falling 3.67 percent to an intraday low of Rs 833.40. The stock has declined 13.73 percent over the past three trading days.
The decline in fund inflows was more in riskier segments, with net investments in smallcap funds dropping 34.9 percent to Rs 3,722.46 crore. Large-cap funds, however, witnessed a comparatively milder decline of 6.4 percent, with inflows at Rs 2,866 crore.
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