Here's how mutual funds fared in September 2022

Equity mutual funds have witnessed a net inflow at Rs 14,077 crore in September, data released by the Association of Mutual Funds in India (AMFI) said.  The net inflow in August was Rs 5,942.2 crore.

The hybrid fund outflow in September stood at Rs 2,688 crore versus Rs 6,601.6 crore in August. Liquid fund outflow was pegged at Rs 59,970 crore in the month.

The ETF inflow stood at Rs 10,808 crore, while credit risk outflow was at Rs 492 crore.

The total debt scheme outflow stood at Rs 65,372 crore in September as compared to Rs 49, 164 crore inflow in August. Corporate bond fund outflow came in at Rs 2,926 crore.

The total assets under management (AUM) stood at Rs 38.42 lakh crore.

Barring long-duration and gilt funds, the short-duration funds saw considerable outflows owing to the rising interest rates.

According to Gopal Kavalireddi, Head of Research at FYERS, the positive note for September would be the resumption of healthy inflows into equity mutual funds.

"In spite of the severe volatility in stock markets, investors opted for equity funds across the board – large cap, mid cap, small cap and sector funds, reposing faith in the strength of the Indian economy. Sector/Thematic funds saw the best inflows of Rs 4,418 crore, trailed by flexicap funds at Rs 2,401 crore and midcap funds at Rs 2,151 crore. 21 mutual fund schemes were launched in September garnering close to Rs 3,900 crore of inflows," he said.

"In spite of Rs 18,300 crore sold by Foreign Institutional Investors (FIIs) in September, the domestic investors aided by retail flows through SIPs, continued to support the Indian stock markets, helping in the outperformance as compared to global indices. With the commencement of quarterly earnings and the festive season in strong focus, companies across many sectors are expected to post robust results, aided by positive growth in margins. It would bode well for investors to stay invested in equities and pursue investments through SIPs to address any persisting volatility," he added.