Mutual Funds: A Shifting Landscape in April

Equity-oriented mutual fund schemes saw a net inflow of Rs 38,440 crore in April, a 5% decrease from March. Systematic Investment Plan contributions also declined. However, the overall industry experienced a net infusion of Rs 3.22 lakh crore due to a substantial inflow into debt funds, raising the assets under management.

Equity-oriented mutual fund schemes registered a net inflow of Rs 38,440 crore in April, indicating a 5% drop from March, as per the data unveiled by the industry body Amfi. Contributions through Systematic Investment Plans also fell to Rs 31,115 crore from March's Rs 32,087 crore.

Despite the decline, the mutual fund industry saw a robust net infusion of Rs 3.22 lakh crore last month, buoyed by a substantial inflow of Rs 2.5 lakh crore into debt funds. This influx increased the industry's assets under management to Rs 81.92 lakh crore by the end of April.

Within equity segments, flexi cap funds led with Rs 10,148 crore in net inflows, while gold exchange-traded funds reported significant inflows of Rs 3,040 crore. Nonetheless, some categories like dividend yield and ELSS funds faced minor outflows due to profit booking or portfolio rebalancing.