Equity mutual fund inflows rise 24% to Rs 23,587 cr in June: AMFI
Net assets under management (AUM) of the mutual fund industry rose 3 per cent to Rs 74.41 lakh crore in June, compared to Rs 72.19 lakh crore in May.
In the reporting month, inflows through systematic investment plans (SIPs) touched a record high of Rs 27,268.79 crore, with the number of contributing accounts rising to 8.64 crore.
'Equity inflows came in at Rs 23,587 crore, marking the 52nd consecutive month of positive flows. While market volatility has made some investors cautious, we are also witnessing a healthy shift towards hybrid and arbitrage funds, a trend that shows maturing investor behaviour and a preference for balanced risk strategies in uncertain times,' said Venkat Chalasani, chief executive, AMFI.
The revival in inflows into equity-oriented mutual funds underscores a resurgence in investor confidence, supported by a strong equity market performance across segments. Broad-based market gains, including a surge in the Nifty 50 index and even stronger rallies in the mid- and small-cap indices, helped reignite interest in equity investments, said Himanshu Srivastava, associate director-manager, research, Morningstar Investment Research India.
In the equity mutual fund schemes, flexi-cap funds received the highest inflows of Rs 5,733.16 crore in June compared to Rs 3,814.32 crore in the previous month.
Inflows into small- and mid-cap funds stood at Rs 4,024.5 crore and Rs 3,754.42 crore. respectively. Large-cap funds witnessed inflows of Rs 1,694.33 crore in June.
Debt mutual funds saw net outflows of Rs 1,711.47 crore in June, compared to outflows worth Rs 15,908.48 crore in the previous month.
Among debt mutual funds, liquid funds saw the highest amount of outflows at Rs 25,196.09 crore in the reporting month. Short-duration funds witnessed inflows worth Rs 10,276.75 crore.
Inflows into hybrid funds stood at Rs 23,222.65 crore in June, as against Rs 20,765.05 crore in May.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
12 minutes ago
- India Today
CMF Buds 2 and Buds 2 Plus now on sale in India: Price and other details you need to know
CMF, a sub-brand under Nothing, recently expanded its TWS lineup in India with two new models – the CMF Buds 2 and the CMF Buds 2 Plus. Both earbuds are now on sale across major platforms, following an early limited drop earlier this week. The company had first unveiled the Buds 2 series back in April alongside the Buds 2a, which is already available in India. Now, the remaining two models are finally hitting shelves, targeting users looking for feature-rich wireless earbuds at mid-range Buds 2, Buds 2 Plus: SpecificationsThe CMF Buds 2 are equipped with 11mm drivers tuned with Dirac Opteo, offering a powerful sound signature. They also feature N52 magnets, which aim to improve the audio experience. The earbuds support up to 48dB of hybrid active noise cancellation (ANC), and come with Spatial Audio Effect, Ultra Bass Technology 2.0, and low-latency mode for comparison, the CMF Buds 2 Plus are a step above, featuring 12mm LCP drivers and Hi-Res Wireless Audio certification. The highlight here is support for the LDAC codec and up to 50dB hybrid ANC with Smart Adaptive Mode, allowing the earbuds to automatically adjust noise cancellation levels based on the surroundings. Both models include six high-definition microphones and are backed by Clear Voice Technology 3.0 and Wind-Noise Reduction 3.0 for clearer voice calls. The earbuds come with support for Bluetooth 5.4, dual-device connection, touch controls, and customizable equalizers. Users can also access ChatGPT through the Nothing X companion it comes to battery life, the Buds 2 claim to offer up to 13.5 hours of playback on a single charge, and up to 55 hours including the charging case. The Buds 2 Plus go slightly further, offering up to 14 hours of standalone usage and up to 61.5 hours with the case. Both are IP55-rated for dust and water Buds 2, Buds 2 Plus: Price in India and availabilityThe CMF Buds 2 will be available in Dark Grey, Light Green, and Orange colour options and is priced at Rs 2,699. The Buds 2 Plus, offered in Blue and Light Grey variants, will cost Rs 3,299. Now that both models have gone on open sale in India, customers will be able to purchase them via Flipkart, Myntra, Croma, Vijay Sales, Flipkart Minutes, and other leading offline retail outlets.- Ends
Mint
32 minutes ago
- Mint
Syngene International share price gains 2% despite weak Indian stock markets: Should you buy or sell the stock?
Stock Market Today: Syngene International gained more than 2% in the intraday trades on Friday despite weak Indian stock markets. Should you buy or sell? Syngene International had reported Q1 results on Wednesday. The Q1 performance marked a decent start to the new financial year 2026. The adjusted reported net profit at ₹ 87 crore increased 59% year-on-year compared to ₹ 54 crore in the year-ago quarter (excluding the exceptional item of ₹ 21 crore (net of tax) in Q1 FY25 relating to the final settlement from an insurance claim). The revenue from operations was up 11% year-on-year to Rs. 875 crore, while the reported EBITDA was up by 19% year-on-year, with the reported EBITDA margin at 25%. Peter Bains, Managing Director and CEO of Syngene International, said that he expects the momentum to continue and expects to meet the annual guidance. The primary driver of this momentum was the continued conversion of pilot programs into longer-term contracts within the Research Services division, as per Bains. In our Biologics manufacturing division, the Unit III facility in Bengaluru has received the USFDA clearance, while the Bayview facility in the U.S. is expected to commence operations in the second half of FY26. While Bains said that he remains mindful of ongoing macroeconomic factors, we maintain a confident outlook. The company, being primarily into services, may see a lesser impact of proposed tariffs. Jefferies India Pvt Ltd, after Q1 results, has said that Syngene's 1QFY26 earnings beat their estimates as inventory adjustment is set to kick in from the second or third quarter. The start of the US biologics facility in the second half, as per Jefferies, is to keep margins under check. Further management as per Jefferies has reiterated FY26 guidance despite the strong Q1, indicating near-term headwinds. Further In the past few quarters, Syngene has made senior hires at overseas pharma hubs to strengthen its business development efforts; however, Jefferies expects benefits to be realized only from FY27/28. After a sharp 37.5% decline over 103 days, Syngene has been consolidating in a tight box for the past 66 sessions, signaling a pause before its next move. The current session is showing strong momentum and could be a precursor to a breakout, said ANSHUL JAIN, Head of Research at LAKSHMISHREE A sustained move above 690 will confirm the breakout and likely lead to a sharp bounce. The immediate target lies near the 50% Fibonacci retracement level of the previous fall, placed around 775. Traders should watch for volume confirmation to ride the breakout with conviction, said Jain Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
News18
36 minutes ago
- News18
Silver futures rise Rs 117 to Rs 1,15,250/kg
Agency: PTI New Delhi, Jul 25 (PTI) Silver prices on Friday rose Rs 117 to Rs 1,15,250 per kilogram in futures trade as participants increased their bets. On the Multi Commodity Exchange, silver contracts for September delivery increased Rs 117 or 0.1 per cent to Rs 1,15,250 per kg in a business turnover of 19,844 lots. Fresh positions built up by participants led to a rise in silver prices, analysts said. Globally, silver was trading 0.06 per cent higher at USD 39.09 per ounce in New York. PTI DR DR ANU ANU Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
