Net inflows into equity mutual fund schemes in March declined 14.4% to ₹25,082 crore, amid global market shocks, data from the Association of Mutual Funds in India (AMFI) showed.
The inflows have been declining for three consecutive months and was in the negative for half of fiscal year 2024-25.
To a query on slowing equity inflows, AMFI’s chief executive Venkat Chalasani said, “Inflows have definitely come down slightly… from ₹29,303 crore during the month of February to ₹25,082 crore in March.”
“Redeeming feature is that there is positive growth across all the schemes, except in respect of sectoral and thematic funds, where you have witnessed a marginal negative cash flow of ₹170 crore,” Mr. Chalasani said at a media briefing. A notable decline in inflows was noticed in sectoral and thematic mutual funds, where net inflows fell 97% to ₹170 crore in March.
This was the steepest decline since June 2023.
The number of contributing SIP accounts reduced to 8.11 crore in March from 8.26 crore in the previous month. The number of contributing SIP accounts have been reducing for the past three months. SIP contributions also reduced to ₹25,926 crore in March from about ₹26,000 crore in February.
Published – April 11, 2025 10:22 pm IST