Mutual Fund industry's AUMs touch all-time high of Rs 31.6 lakh cr

Assets under Management (AUMs) of the Indian Mutual Fund industry reached to an all-time high of over Rs 31.6 lakh crore at the end of February 2021, increasing 16.1% y-o-y.

The debt mutual funds witnessed an inflow of Rs 1,735 crore in February 2021 as compared with an outflow of Rs 27,940 crore in February 2020 (outflows of Rs 33,409 crore in January 2021).

Out of net assets of Rs.9.9 lakh crore of equity mutual fund AUMs, the largest share continues to be of large cap funds with a share of 18%, followed by flexi fund category with a share of 16%; and ELSS and mid cap fund with a share of 12% each.

Hybrid schemes accounted for 10.8% of total AUM in Feb 2021 as compared to 14.3 % in Feb 2020. The AUM of hybrid funds as of Feb 2021 was accumulated at 3.4 lakh crore. 

On m-o-m basis, the SIP contribution has come down by Rs 495 crore to Rs.7, 528 crore in February 2021 compared with Rs.8, 023 crore in January 2021.

SHIVANI SHARMA, PRAGATI SRIVASTAVA