Equity oriented schemes see net inflows of Rs 15497.76 cr in June; Flexi Cap fund emerges as top performer

Growth or Equity oriented schemes witnessed net inflows of Rs 15497.76 cr in June. Flexi Cap Fund, Large Cap Fund and Large & Mid Cap Fund were among top performers with inflows of Rs 2,511.74 cr, Rs 2,130.35 cr and Rs 1,994.73 cr

The net Asset Under Management (AUM) stood at Rs 12,86,010.69 cr while repurchase and redemption for the month stood at Rs 12,039.28 cr. Source: Reuters

Growth or Equity oriented schemes witnessed net inflows of Rs 15497.76 cr in June. Flexi Cap Fund, Large Cap Fund and Large & Mid Cap Fund were among top performers with inflows of Rs 2,511.74 cr, Rs 2,130.35 cr and Rs 1,994.73 cr.

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Mid Cap and Small Cap mutual funds also witnessed traction with net inflows of Rs 1,851.67 cr and Rs 1,615.92 cr during the month gone by.

The net Asset Under Management (AUM) stood at Rs 12,86,010.69 cr while repurchase and redemption for the month stood at Rs 12,039.28 cr.

The data was published by Association of Mutual Funds of India (AMFI).

The data corresponds to 366 schemes across 11 equity mutual fund categories. This is for the open ended schemes.

In the close ended schemes, the total net outflows for equity oriented schemes stood at Rs 17.37 cr.

In the Gold ETF schemes, a net inflow of Rs 134.83 cr was seen.

Among other schemes, the net outflows were seen in Hybrid Fund (Rs -2,279.45) Rs.

Income or debt oriented mutual fund schemes witnessed net outflows of Rs 92,247.63 cr in June according to a data released by Association of Mutual Funds in India (AMFI). The worst performer was Overnight Fund category, with net outflows of Rs 20,668.07 cr. It was followed by Liquid Fund and Ultra Short Duration Fund which saw net outflows of Rs 15,782.64 and Rs 10,057.99 respectively.

Also Read: Debt funds schemes bleed in June, see net outflows of Rs 92,247 cr; Overnight Fund, worst performer

Barring, Gilt Fund with 10 year constant duration and Long Duration Fund, the rout was seen in most categories, the AMFI data said. Net Inflows in the former stood at Rs 220.69 cr while in the latter it was at Rs 36.65 cr.

The net outflows of Rs 92,247.63 cr were seen in 312 schemes across 16 categories, the data said.

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