Mutual funds' asset base reaches all-time high of Rs 25 lakh crore, shows AMFI data


New Delhi: Mutual funds’ asset base touched a document Rs 25 lakh crore in August-end, a surge of 8.41 p.c over the earlier month, on the again of strong influx in liquid funds and powerful participation from retail buyers.

In response to Amfi information, the asset beneath administration (AUM) of the trade, comprising 42 gamers, was Rs 23.06 lakh crore on the finish of July.

The whole asset base of all of the fund homes put collectively was Rs 20.6 lakh crore in August final 12 months.

The month-to-month rise within the asset base is especially as a result of trade physique’s investor consciousness marketing campaign and powerful participation from retail buyers, Amfi chief govt N S Venkatesh mentioned.

Representational picture. Reuters.

In addition to, Systematic Funding Plans (SIPs) proceed to be the flamboyant of retail buyers and other people proceed to take a position by the route because it permits buyers to put money into small quantities periodically as a substitute of lump sum, he added.

He additional mentioned that SIP helps in rupee value averaging and in addition in investing in a disciplined method with out worrying about market volatility and timing the market.

The trade’s AUM had crossed the milestone of Rs 10 lakh crore for the primary time in Could 2014 and in a brief span of about three years, the asset base had elevated greater than two folds and crossed Rs 20 lakh crore in August 2017. Now, the trade AUM stood at an all-time excessive of Rs 25.2 lakh crore on the finish of August.

The surge within the asset base may be attributed to the staggering influx of Rs 1.75 lakh crore in mutual fund schemes final month.

This included Rs 1.71 lakh crore in liquid funds or cash market phase which put money into money property corresponding to treasury payments, certificates of deposit and industrial paper for the shorter horizon.

In addition to, fairness schemes attracted over Rs 7,700 crore.

Nonetheless, earnings funds noticed an outflow of over Rs 6,500 crore. As well as, gold ETFs continued to see a web outflow of Rs 45 crore.

The trade, which has been witnessing months of steady influx, is about for a wholesome progress with the proactive regulation from markets regulator Sebi and beneficial macro-economic scenario, he mentioned.



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