The net investment in Equity Mutual Fund in February, 2022 was Rs 19,705 crore. This is the 12th consecutive month that net monthly inflows have increased amid volatility in the stock market and continued selling by foreign institutional investors.
According to data released on Wednesday by the Association of Mutual Funds in India (Amfi), a body of mutual fund companies, the figure stood at Rs 14,888 crore in January, 2022 and Rs 25,077 in December, 2021.
The net inflow into equity ie share market investment schemes has been continuous since March 2021 and net capital infusion of more than one lakh crore rupees was made during this period. This reflects the positive attitude of investors towards equity linked schemes of mutual funds.
Earlier, Rs 46,791 crore had been withdrawn from such schemes for eight consecutive months between July 2020 and February 2021.
The assets under management (AUM) of the industry declined to Rs 37.56 lakh crore at the end of February from Rs 38.01 lakh crore at the end of January.