Capital inflows into mutual funds declined to Rs 34,765 crore in the second quarter.

New Delhi, November 13 (Language) Investors’ attraction towards mutual funds continues. It received capital inflow of Rs 34,765 crore in the September quarter of the current financial year. However, this is much lower than the capital inflow of Rs 1.85 lakh crore in the previous quarter. The reason for this is the withdrawal of capital from the bond segment.

According to a Morningstar India report, most asset classes witnessed net capital inflows during July-September. There was net capital outflow only in the fixed income i.e. bond segment.

The report said that overall capital inflow was good in the quarter under review. There was a net inflow of Rs 82,467 crore in July, which declined to Rs 16,180 crore in August. However, there was a net withdrawal of Rs 63,882 crore in September.

“Net capital flows have been volatile over the past few years,” according to Morningstar. Capital inflow in the June quarter was the highest in the last four years.

Assets under management (AUM) of the mutual fund industry stood at Rs 46.22 lakh crore in September, five per cent more than the previous quarter.

Capital inflows into the equity segment have been positive for the last 10 quarters. However, there have been ups and downs.

Net inflow in the September quarter stood at Rs 41,962 crore as against Rs 18,358 crore in the previous quarter.


Raman Ajay


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