Overview
- AMFI’s March data shows Systematic Investment Plan contributions hit a record ₹32,087 crore and equity funds drew net inflows of ₹40,450 crore.
- Total mutual fund assets fell to ₹73.73 lakh crore after debt schemes faced about ₹2.95 lakh crore of redemptions linked to fiscal year-end withdrawals.
- Flexi-cap funds led equity allocations with ₹10,054 crore, while small-cap funds took in about ₹6,264 crore and mid-cap funds added ₹6,063 crore.
- SIP activity showed high churn with nearly 9.72 crore active accounts and stoppage ratios reported at 76 percent by one outlet and near 99 percent by another.
- Executives said the AUM drop reflected mark-to-market losses from March’s market slide and routine March treasury pulls, while gold ETF inflows also cooled from January highs.