Key Highlights
- May SIP inflows hit all-time high ₹26,688 cr, up 0.21% from ₹26,632 cr in April.
- Equity fund inflows fell 22% to ₹19,013 cr, while hybrid fund SIPs jumped 46% in May.
Mutual fund SIP (Systematic Investment Plan) inflows reached a new high in May, totaling Rs 26,688 crore, according to data released by the Association of Mutual Funds in India (AMFI) on June 10. This represented a small increase from Rs 26,632 crore in April.
However, overall inflows into mutual funds fell sharply, indicating that while investors remain consistent with SIPs, they are cautious elsewhere.
Also Read: Indian Market Trends: Steady SIP Contributions Amid FPI Outflows and Sectoral Shifts
Equity fund inflows slow down
Equity mutual fund investments fell 22% in May, to Rs 19,013 crore, from Rs 24,269 crore in April.
The latest data show that inflows into equity mutual funds have slowed in most categories. Large-cap funds experienced a sharp 53% drop in inflows, collecting only Rs 1,250 crore.
Mid-cap funds were not spared, falling 15% to Rs 2,808 crore, while small-cap funds fell 20% to Rs 3,214 crore.
Despite the dip, flexi-cap funds continued to attract strong investor interest, with inflows of Rs 3,841 crore, making them the preferred option. Meanwhile, some fund types saw money being withdrawn. ELSS funds saw an outflow of Rs 678 crore, value/contra funds lost Rs 92 crore, and dividend yield funds saw a Rs 20 crore withdrawal.
