AMFI | Equity Mutual Fund | Debt funds: Equity mutual fund inflows rise, debt fund assets under management see sharp decline in February
Sector funds and Flexi cap funds were the undisputed leaders, attracting huge inflows in February. Large cap inflows also increased to Rs 2,338.6 crore from Rs 1,890.2 crore in the previous month. Similarly, mid-cap inflows also surged to Rs 1,954.3 crore from a previous Rs 1,770 crore in January. Here is an overview of the data.
On the mutual fund side, cash inflows increased from outflows in January to a net inflow of Rs 40,273 crore in February. All categories of debt mutual funds, except for cash and overnight funds, saw net outflows this month, due to the uncertainty surrounding the evolution of rates.
The net inflow of the hybrid fund was Rs 3,177 crore against Rs 6,230 crore and the ETF stood at Rs 10,791 crore against Rs 4,009 crore. The SIP contribution rose to Rs 11,438 crore, slightly lower from Rs 11,517 crore in January.