Net inflows in equity funds fall to Rs 4,230 crore in April, SIP inflows rise

Equity funds witnessed a sharp decline in net flows in April, while outflows in balanced funds and liquid funds narrowed month-over-month, data released by the Association of Mutual Funds in Inda (Amfi) showed on Thursday. Total assets under management (AUM) stood at Rs 25.27 lakh crore in April 2019 and total net inflows came in at Rs 1 lakh crore.

Net inflows in equity funds, including equity-linked saving schemes (ELSS), fell 61 percent to Rs 4,230 crore in April, compared to Rs 11,756 crore in March. in April 2018, equity funds' net inflows were 11,171 crore.

Balanced funds saw net outflows of Rs 1,614.83 crore in April, down 49 percent from Rs 3,181 crore in March. The category had reported inflows of Rs 3,500 crore in April 2018.

Investors put Rs 89,778.43 crore net in liquid funds in April, compared to outflows of Rs 51,343 crore in March and inflows of Rs 1.16 lakh crore in April 2018. Total net inflows in income and debt funds stood at Rs 1.2 lakh crore.

The April data cannot be compared to previous data as Amfi said it has reclassified the data based on categorisation.

Inflows through the systematic investment plan rose to Rs 8,238 crore in April from Rs 8,055 in March. Fixed maturity plans reported an outflow of Rs 17,644 crore.