News Equity Mutual Fund Inflows Drop 6% in December to ₹28,035 Crore; Small-Cap Funds Lead DeclineEquity Mutual Fund Inflows Drop 6% in December to ₹28,035 Crore; Small-Cap Funds Lead Decline
Equity mutual fund inflows declined 6% to ₹28,035 crore in December from ₹29,894 crore in November, with total industry AUM dropping 0.7% to ₹80.23 lakh crore. Small-cap funds led the decline with 13% reduction in inflows to ₹3,824 crore, while large-cap and mid-cap funds also witnessed reduced investor interest during the month.
*this image is generated using AI for illustrative purposes only.
Net equity mutual fund inflows declined by 6% to ₹28,035 crore in December from ₹29,894 crore in November, according to data released by the Association of Mutual Funds in India (AMFI). The decline reflects a broader moderation in investor appetite for equity funds during the month.
Industry AUM Witnesses Monthly Decline
The mutual fund industry's total assets under management (AUM) stood at ₹80.23 lakh crore in December, down from ₹80.80 lakh crore in the previous month. This represents a month-on-month decline of approximately 0.70%, indicating reduced investor participation across the mutual fund ecosystem.
Category-wise Performance Analysis
Equity fund inflows showed varying patterns across different market capitalization segments during December:
| Fund Category | December Inflows | November Inflows | Change (%) |
|---|---|---|---|
| Total Equity Funds | ₹28,035 crore | ₹29,894 crore | -6.22% |
| Small-cap Funds | ₹3,824 crore | ₹4,407 crore | -13.23% |
| Mid-cap Funds | ₹4,176 crore | ₹4,487 crore | -6.93% |
| Large-cap Funds | ₹1,567.40 crore | ₹1,640 crore | -4.43% |
Small-Cap Funds Lead Decline
Small-cap funds witnessed the steepest decline among equity categories, with net inflows dropping to ₹3,824 crore in December from ₹4,407 crore in November. This translates to a month-on-month decline of approximately 13%, suggesting reduced investor interest in smaller company stocks during the period.
Large and Mid-Cap Segments Show Moderation
Large-cap fund inflows stood at ₹1,567.40 crore in December compared with ₹1,640 crore in November, representing a decline of about 4%. Mid-cap fund inflows also moderated to ₹4,176 crore from ₹4,487 crore over the same period, showing a decrease of nearly 7%. The across-the-board decline in equity fund inflows indicates a cautious approach by investors across all market capitalization segments during December.
19
