Mutual Fund Inflows: Due to huge fluctuations in the stock market, there has been a 75 percent month-on-month decline in mutual fund inflows in November 2024. A total investment of Rs 60,363 crore came in all the schemes of mutual funds in November, which was Rs 2.39 lakh crore in October 2024. There has been a 14 percent decline in inflows into Equity Mutual Funds and an investment of Rs 35,943 crore came into Equity Mutual Funds in November, compared to an investment of Rs 41,886 crore in October 2024.
SIP investment remained flat in November
According to the data of AMFI (Association of Mutual Funds of India), the investment coming through Systematic Investment Plans has been flat in November 2024. In November, an investment of Rs 25,320 crore came through SIP schemes of mutual funds, whereas in October 2024, an investment of Rs 25,323 crore came. A total of 49.46 lakh new SIPs were registered in November, the number of which was 63.70 lakh in October. However, the total number of SIP accounts has reached its highest level of 10.23 crore which was 10.12 crore in October.
Monthly SIP above Rs 25000 crore
Commenting on the data, Amfi CEO Venkat Chalasani said, monthly SIP inflow remains above Rs 25000 crore. This reflects investors’ long-term investment vision and commitment to achieving financial goals despite short-term market fluctuations. The mutual fund industry’s ability to attract SIP inflows reflects investors’ vote of confidence in delivering value over the long term, he said.
Investors became cautious due to market fluctuations
Akhil Chaturvedi, Executive Director and Chief Business Officer, Motilal Oswal Asset Management Company, said on AMFI data, in the month of November, the market witnessed sharp fluctuations due to various macro-economic reasons, geo-political events and the presidential elections in America. Was. Due to this, investors thought it better to wait before investing large amounts. Due to this, lump sum investment has decreased in November 2024 and SIP investment has also remained flat. He said, rotation is also being seen towards higher-risk category. The pace of growth of NFO related activities has slowed down.
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