SIPs cross Rs 27,000-crore mark; total AUM soars to Rs 74.4 trillion: Amfi
This marked a 2.2% increase over Rs 26,688 crore seen in May, and a 5.2% rise over March. The number of contributing SIP accounts also rose from 8.56 crore to 8.64 crore in June, taking SIP assets under management to Rs 15.31 trillion, or 20.6% of the fund industry's total assets, up from 20.2% in May.
Total mutual fund folios reached 24.13 crore in June, of which retail folios across equity, hybrid, and solution-oriented schemes rose to 19.07 crore from 18.84 crore in May. Retail AUM across these schemes stood at Rs 43.99 trillion up from Rs 42.2 trillion in May.
Commenting on the numbers, Venkat Chalasani, the chief executive of Amfi said, "while market volatility has made some investors cautious, we're also seeing 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.
'In the equity funds category, large cap funds led gains with inflows of Rs 1,694 crore, up 35% from Rs 1,250.5 crore in the previous month, while small cap funds led gains in open-ended schemes with inflows of Rs 4,024.5 crore, up 25% from Rs 3,214 crore in May.
Mid cap funds also saw inflows of Rs 3,754 crore, marking a 34% increase from Rs 2,808.7 crore. On the other hand, sectoral/thematic funds saw inflows falling by a whopping 77% to Rs 475.61 crore from Rs 2,052.5 crore, while ELSS funds saw outflows of Rs 556 crore, down 18% from Rs 678 crore outflows.
Dividend yield funds posted inflows of Rs 45.55 crore, reversing from an outflow of Rs 20.82 crore in May.Gold ETFs saw inflows jump to Rs 2,080.9 crore, rising over six-fold from Rs 292 crore in May, a 613% surge. Other ETFs saw inflows of Rs 844.43 crore, buy down 79% from Rs 4,086.8 crore.
Inflows into hybrid funds rose to Rs 23,223 from Rs 20,765 crore in May and arbitrage funds saw the second highest inflows across categories at Rs 15,584 crore around 0.7% lower than 15,702 crore.
Open-ended income/debt-oriented mutual funds saw net outflows of Rs 1,711 crore, a 89% increase from Rs 15,908 crore, while liquid funds continued to see heavy outflows at Rs 25,196 crore, though down 37% from Rs 40,205 crore. Overnight funds also remained in the negative zone with Rs 8,154 crore outflows.
Shorter-duration categories saw strong inflows. Ultra short duration funds rose 59% to Rs 2,944 crore, while low duration funds were steady at Rs 3,136 crore. Short duration funds jumped 474% to Rs 10,277 crore from Rs 1,790 crore. Money market funds collected Rs 9,484 crore, down 15%; corporate bond funds saw inflows of Rs 7,124 crore, 41% lower from Rs 11,983 crore.
Naval Kagalwala of Shriram Wealth noted as much as two-thirds (65.7%) of the monthly growth came from equity and hybrid schemes representing a growing interest for investing in equities. This should help build long-term wealth for investors.
"However, 25% of the monthly growth is in mid, small and sectoral/thematic schemes, which are relatively higher risk, which calls for investors to diversify and allocate across categories and asset classes, in line with their risk profile," he added.
Morningstar India's Nehal Meshram said that with net inflows crossing Rs 8,000 crore in the first half of 2025, gold ETFs are increasingly being used as part of long-term asset allocation strategies. The trend highlights gold's continued relevance in diversified portfolios, particularly amid uncertain economic and policy backdrops.
Narender Singh of Growth Investing, says that the funds industry rolled out impressive data sets for June, with net inflow of 49,095 crore, 66% jump over May.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Economic Times
3 minutes ago
- Economic Times
How HNI NRIs should calculate their term insurance coverage
For high-net-worth individuals (HNIs) living abroad, protecting their family's financial future isn't just a responsibility; it's a priority. Amidst managing global investments, overseas income, and rising living costs, one instrument stands out for its simplicity and impact: term insurance. It is the most straightforward form of life insurance, offering a significant sum assured for relatively low premiums. For NRIs (Non-Resident Indians), the need for term insurance is even more pronounced, as they left the country to earn better and provide better security and quality of life to their family. But as important as the decision to buy term insurance is, equally important is deciding how much coverage to take and where to buy it from. The ideal term cover for NRIs HNIs often have complex financial profiles, ranging from high annual incomes to international assets, but their lifestyle needs and long-term commitments are just as substantial. A good starting point is to aim for a life cover of at least 10 times one's annual income. However, for an HNI NRI, this may only serve as a base. Factors like inflation, currency fluctuation, cost of children's education, care for elderly parents, and outstanding liabilities should all be taken into account. For instance, an NRI earning Rs 50 lakh annually may technically need a cover of Rs 5 crore but if their children are expected to study abroad, or if their spouse is not working, the ideal cover could easily go up to Rs 7 to 10 crore. It's about ensuring that the family continues to enjoy the same standard of living, even in the absence of the breadwinner, without having to compromise on goals and responsibilities. Moreover, the financial environment in which these NRIs operate is dynamic. Exchange rate volatility can erode the value of remittances. Inflation, particularly around healthcare and education, has been persistently high. This means that a flat, one-size-fits-all cover isn't sufficient. It must be tailored to the family's real-world needs and ambitions. And when it comes to actually purchasing the term plan, many HNI NRIs might instinctively look to insurers in their country of residence. But a closer comparison reveals that buying a policy from India not only makes more financial sense but also offers greater flexibility and long-term value. Where to buy your term insurance One of the most compelling reasons to choose an Indian insurer is cost. Premiums for term insurance in India are significantly lower, often ranging from 20% to 50% cheaper compared to insurers in the US, Singapore, Middle East etc. These savings can add up to several lakhs over the policy term, particularly when the sum assured is large. Additionally, NRIs are entitled to an 18% GST waiver on premium payments for term insurance. This makes an already affordable product even more attractive. Benefits unique to India Another unique advantage is the option of a special exit or refund of premium. Under this feature, if the policyholder survives the entire term of the plan, all premiums paid are refunded in certain schemes. This adds a layer of psychological reassurance. You are protected throughout, and if nothing goes wrong, you get your money back. Most overseas insurers do not offer such a feature in their term term plans also offer an increasingly important feature for globally mobile individuals: worldwide coverage. NRIs who take a policy from India continue to be covered even if they relocate to another country or choose to return to India at a later stage. This flexibility is crucial in a world where career moves, migrations, or retirement plans can shift unexpectedly. As long as the policyholder maintains the policy in good standing, the coverage remains intact regardless of changes in residency. It offers peace of mind that one's protection doesn't get restricted by process of buying term insurance from India has also become more seamless for NRIs. Video medicals have now become the norm, eliminating the need for physical travel or cumbersome medical appointments abroad. Everything from application to underwriting can be handled remotely, making it a convenient experience despite time zones and the payout from term insurance bought in India is entirely tax-free under Indian law. This ensures that your family receives the full benefit without any deductions, regardless of the claim size. In a time of emotional distress, the last thing families need is a complicated tax situation or a reduced insurance is a vital pillar in the financial planning of any HNI NRI. It serves not just to replace income but also to preserve lifestyle, dignity, and future dreams. While the ideal cover should be based on a comprehensive assessment of family needs, inflation, and long-term goals, it is equally important to choose the right policy from the right competitive pricing, high claim reliability, tax efficiency, and customer-centric features, India emerges as the obvious choice for NRIs looking to secure their future. It is a protection strategy rooted in value, both emotional and financial, and built to stand the test of time. (Disclaimer: The opinions expressed in this column are that of the writer. The facts and opinions expressed here do not reflect the views of (Join our ETNRI WhatsApp channel for all the latest updates) Elevate your knowledge and leadership skills at a cost cheaper than your daily tea. From near bankruptcy to blockbuster drug: How Khorakiwala turned around Wockhardt Paid less than plumbers? The real story of freshers' salaries at Infy, TCS. What if Tata Motors buys Iveco's truck unit? Will it propel or drag like JLR? As deposit ground slips under PSU banks' feet, they chase the wealthy If data is the new oil, are data centres the smokestacks of the digital age? Stock Radar: M&M likely to break out from 1-year consolidation range; time to buy? Will consumer stocks see a comeback this festive season? 12 stocks to keep an eye on even when analysts are not bullish Don't fear volatility, focus on businesses: 5 mid-cap stocks from different sectors with upside potential of up to 27% Best way to deal with volatility, just ' Hold' for wealth creation: 7 large-cap stocks with an upside potential of up to 41%
Economic Times
3 minutes ago
- Economic Times
Market Wrap: Sensex adds 442 points, Nifty above 25,000 as banks lift D-St higher
Indian benchmark indices Sensex and Nifty closed higher on Monday, buoyed by stronger-than-expected earnings from banking heavyweights HDFC Bank and ICICI Bank. However, gains were tempered by a decline in Reliance Industries, amid concerns over weakness in its oil-to-chemicals and retail businesses. ADVERTISEMENT The Sensex added 442.61 points, or 0.54%, to close at 82,200.34, while the NSE Nifty advanced 122.30 points, or 0.49%, to end at 25,090.70. The total market capitalisation of BSE-listed companies increased by Rs 62,703 crore to Rs 460.08 lakh country's top two private lenders, HDFC Bank and ICICI Bank, rose 2.2% and 2.8%, respectively, after reporting better-than-expected profits for the June quarter. HDFC Bank also announced its first-ever bonus share issue, further boosting investor sentiment. Reliance Industries, despite posting a profit beat, slipped 3.2% as several brokerages raised concerns about continued softness in its oil-to-chemicals and retail segments. The decline in Reliance weighed on the oil and gas index, which fell 1.1%.The broader market saw mixed action. The Nifty Smallcap 100 closed marginally lower, down 0.01%, pressured by post-earnings declines in Newgen Software and IndiaMART InterMESH. In contrast, mid-cap stocks outperformed, with the Nifty Midcap 100 rising 0.6%.Among other notable movers, UltraTech Cement gained 0.5% after beating quarterly profit estimates, while Eternal jumped 5.6% following a sharp rise in June-quarter revenue. ADVERTISEMENT Anthem Biosciences made a strong market debut, listing at a nearly 27% premium to its issue price and closing 28.1% higher. (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
3 minutes ago
- Time of India
India needs proactive govt support in AI for national security, says report
Academy Empower your mind, elevate your skills India needs government incentives and substantial investments in artificial intelligence (AI) to strengthen cybersecurity and border security, a report by Nexgen Exhibitions said on report, based on a survey of over 200 companies from 15 cities, highlighted that 86 per cent of respondents agree or strongly agree that India needs proactive government support in AI for national the nation grapples with the increasing challenges in electronic warfare and information warfare, AI emerges as a transformative tool for ensuring national sovereignty, the report estimates suggest that over 2.3 million cybersecurity incidents were reported in India in 2024, along with a financial loss of Rs 1,200 crore due to cyberattacks, the report noted. The country also ranks third globally in phishing attacks, after the US and 14% of respondents support public-private partnerships and incentives for AI innovation in believe that PPPs (public private partnership) can bridge the AI divide in the sector, effectively ensuring ethical integration of the report further highlighted that numerous policy gaps need to be addressed by the stakeholders and the government to effectively leverage AI in bolstering national is a notable absence of a national AI security framework specifically designed for defence applications, which is essential for establishing robust security measures, it pointed Exhibitions in a statement also said that Delhi will host the 10th International Police Expo 2025 from July 31 to August 1 which will focus on strengthening the country's internal security and policing Bansal, Director, Nexgen Exhibitions said, "The International Police Expo 2025 will serve as one of the most influential platforms for showcasing innovative solutions in security and technology, underscoring the urgent need for proactive government support and collaboration in AI to enhance national security."
