Recording only a marginal fall from February despite global uncertainties
Mumbai: Monthly inflows through the Systematic Investment Plan route into mutual funds only saw a marginal decrease from February despite global uncertainties.
The shares of mutual fund companies surged on April 11 after AMFI released data on equity fund inflows in March. SIP inflows remained steady at Rs 25,926 crore in March, recording only a marginal fall from February despite global uncertainties.
At 12:50 pm, the shares of Nippon Life India Asset Management Company surged over 5 percent to trade at Rs 555 apiece. HDFC AMC shares also jumped nearly 5 percent to trade at Rs 3,976 apiece. Aditya Birla Sun Life AMC shares meanwhile climbed over 2 percent to trade at Rs 634 apiece.
Motilal Oswal Financial Services shares rose over 3 percent to trade at Rs 594 apiece, while Angel One stock was trading over 2 percent higher at Rs 2,275 apiece. UTI Asset Management Company shares, however, bucked the trend to trade in the red with marginal losses.
Data released by the Association of Mutual Funds of India (AMFI) on April 11 showed that net inflows into equity mutual funds dropped 14 percent to Rs 25,082.01 crore in March. This came on the back of global uncertainties surrounding US President Donald Trump’s then-threatened reciprocal tariffs. Notably, benchmark indices had however recorded strong gains during the month, with Sensex and Nifty jumping nearly 6 percent each.
While monthly inflows through the Systematic Investment Plan (SIP) route into mutual funds fell to a four-month low of Rs 25,926 crore in March, it only saw a marginal decrease from Rs 25,999 crore inflows recorded in February.
Key Highlights:
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Equity Mutual Fund Inflows: Dropped 14% to Rs 25,082 crore in March, despite steady SIP inflows.
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Flexicap Schemes: Led the inflows chart with over Rs 5,000 crore.
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Smallcap and Midcap Schemes: Remained popular, collecting over Rs 7,500 crore.
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Sectoral and Thematic Schemes: Saw a significant decline, with inflows plummeting to Rs 170 crore from Rs 5,700 crore in February.
Market Performance:
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Sensex and Nifty 50: Gained nearly 6% in March, recovering from previous losses.
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Investor Confidence: Remained intact, with a focus on long-term investment commitments ¹.
Top-Performing Funds:
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Nippon India Large Cap Fund: Showcased a CAGR of 24.4% over three years.
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HDFC Top 100 Fund: Delivered a CAGR of 21.2% over three years.
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ICICI Prudential Bluechip Fund: Achieved a five-year CAGR of 20%.