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Equity MF inflows in December back in shape, SIPs do all the talking

The gradual shift of household savings away from physical to financial assets and the increasing share of MFs in part explain the stellar AUM growth

January 10, 2020 / 07:48 PM IST

The assets under management (AUM) of India’s mutual fund (MF) industry tell a story.

That is, the AUM figure stood at Rs 26.5 lakh crore as of December-end 2019, an increase of 10 percent from a year ago, data released by AMFI (Association of Mutual Funds in India) on Wednesday showed. On a month on month basis, it declined by 1.5 percent in December.

Net inflow for the sector came in at Rs 1,394 crore as against Rs 802 crore in November.  Liquid funds bore the brunt with large outflows while equity funds – the most awaited and a key data point – saw encouraging inflows.

Tracking AUM fortunes