Equity inflows dip as ETFs marginally surge, shows AMFI monthly data release

Mellow Performance During the last quarter (April-July 2021), almost 75 lakh new SIPs were registered, taking the cumulative Mutual Fund SIP accounts at a stellar 4.32  crores in August 2021. This was a monthly rise from the previous month’s figure of 4.17 crores. August 2021 also saw all-time high SIP inflows worth Rs 9,923 crores for August,21 from the amount collected via them for the month of July, which stood at  Rs 9,609 crores. Also, at 10.85 crore folios, the MF industry added over 80 lakh folios, within a short period of the last 5 months in FY22. In fact, the new SIPs registered during August 2021 at 24.92 lakhs is highest ever registration, which itself, signals the growing popularity of SIPs as a favored long-term wealth creation vehicle.

Take a look at the fund flows and performance of various mutual funds between July and August, 21.

Commenting on the same,  Mr. N S Venkatesh, Chief Executive, AMFI said:

“Overall positive flows in the open-ended MF schemes and market indices touching an all-time high, helped the Indian MF Industry Net AUMs to breach record INR 36 lakh crore milestone in August 2021. Retail AUM at INR 17.15 lakh crores, almost half of Total Industry AUMs, SIP AUMs at record high INR 5.26 lakh crores, which now forms a third of Retail AUM, healthy rise in SIP Accounts at record 4.32 crores and monthly SIP contribution at an all-time high at INR 9,923.15 crores is reflective of established and rising retail preference towards mutual funds as a long-term wealth creation avenue. Continued robust month-on-month fund mobilization in Arbitrage and dynamic asset allocation schemes and affinity towards Thematic / Sectoral and diversified Flexicap schemes since the start of the new fiscal, FY22, including through SIPs has over-shadowed profit-booking during the last few months", he elaborated.