By Abhinav Kaul | December 11, 2024
Equity funds saw total net inflows of Rs 3.53 lakh crore till November this year. In comparison, inflows in 2023 and 2022 stood at Rs 1.62 lakh crore and Rs 1.61 lakh crore, respectively.
Inflows into the Sectoral/Thematic category were miles ahead of other funds at Rs 1.40 lakh crore. Fueling the inflows were NFOs. Fund houses mopped up Rs 67,772 crore via 40 such new funds this year.
This year, small-cap funds saw net inflows of Rs 29,500 crore against Rs 17,400 crore investments into large-cap funds, reflecting sustained retail investor confidence in small-cap stocks.
Investments via SIPs, typically used by retail investors, have cumulatively topped the Rs 2.40 lakh crore mark in 2024. Last year, total SIP inflows stood at Rs 1.83 lakh crore.
Multi-cap funds, that invest across large-cap, mid-cap and small-cap stocks, saw the second-highest net inflows across equity fund categories at Rs 37,650 crore in 2024.
The equity fund category saw 56 new launches till November, collecting a total of Rs 79,700 crore. Notably, 85% of this sum was mopped up by new Sectoral/Thematic funds.
Focused funds, which have a small concentrated portfolio of 20-25 stocks, have seen Rs 1,440 crore net outflows in 2024, showing investors’ focus on diversified fund strategies.