Mutual fund investors added a net Rs 8,666.68 crore in equity mutual fund schemes in August 2021, compared to Rs 22,583.52 crore in the previous month, according to latest data by the association of mutual funds in India (AMFI).
To arrive at net figures, inflows came in at Rs 33,668 crore and outflows of Rs 25,002.08 crore in August.
Among sub-categories of equity, flexi cap schemes saw the highest net inflows worth Rs 4,741.22 crore followed by focused funds netting Rs 3,072.77 crore.
Highest outflows were witnessed in ELSS (Rs 778.65 crore) and value schemes (Rs 613.37 crore).
Hybrid category added a net Rs 18,705.84 crore, of which Rs 16,570.97 crore entered balanced advantage funds.
Inflows were at Rs 38,764 crore and outflows were at Rs 20,058 crore.
Debt mutual fund schemes added a net Rs 1,074.44 crore in August 2021. Highest net inflows came in to floater fund, at Rs 9,990 crore whereas overnight funds drained the most net assets of Rs 11,807 crore.
Overall, inflows in debt schemes were Rs 6.79 lakh crore whereas outflows were Rs 6.78 lakh crore.
ETFs except those investing in gold saw inflows worth Rs 8,548.13 crore in August.
In the closed-ended space, fixed-maturity plans continued to bleed its assets with net outflows of Rs 9,824 crore. Closed-ended ELSS and other equity schemes also saw outflows of Rs 1,840 crore.
The net assets under management of the mutual fund industry as on 31 August stood at 36.59 lakh crore, compared to Rs 35.32 lakh crore in July.