Moneycontrol PRO
HomeNewsBusinessMutual FundsMFs see Rs 16,000 cr inflow in Sep; Rs 2.34 lakh cr in H1 FY'16

MFs see Rs 16,000 cr inflow in Sep; Rs 2.34 lakh cr in H1 FY'16

With this, the total net inflow in mutual fund schemes has reached Rs 2.34 lakh crore in the April-September period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 80,895 crore in the year-ago period.

October 26, 2016 / 09:58 IST

Investors pumped in over Rs 16,000 crore into various mutual fund schemes in September, with liquid or money market segment contributing the most to the inflow.

With this, the total net inflow in mutual fund schemes has reached Rs 2.34 lakh crore in the April-September period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 80,895 crore in the year-ago period.

According to the data from the Association of Mutual Funds in India (Amfi), investors have poured in a net Rs 16,071 crore in MF schemes last month as compared to Rs 25,332 crore in the preceding month.

Prior to that, mutual fund schemes had witnessed an inflow of Rs 1.03 lakh crore.

The latest inflow has been mainly driven by contribution from liquid or money market segment. Besides, equity schemes continued to witness positive inflow.

Liquid or money market segment witnessed Rs 19,630 crore being poured in last month, while equity and equity-linked schemes saw net inflows of Rs 3,743 crore. In addition, balanced fund saw net inflow of Rs 3,275 crore.

However, income fund or debt schemes saw an outflow of over Rs 11,000 crore.

Overall, the asset base of the country's fund houses increased to Rs 15.80 lakh crore last month from Rs 15.63 lakh crore in August-end.

first published: Oct 26, 2016 09:44 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347