Perspective on AMFI Data By Mr. Akhil Chaturvedi, Motilal Oswal AMC.
Below is perspective on AMFI Data by Mr. Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC.
“Mutual Fund SIP contribution in the month of December 2021 touched another all-time high of Rs. 11,305 crore. This is the 9th consecutive month of a new all-time high for monthly SIP contributions. Amongst active equity funds, Multi Cap Funds category saw the highest Gross Inflow of ~11000 crore followed by Sectoral/Thematic Funds category. On the back of the 3 NFO’s the Multi Cap Fund category Average Asset Under Management jumped 16% to Rs. 38,068 crore. Sectoral/Thematic funds continue to attract investor interest on the back of recent performance however that would not be the correct way for investors to increase allocations. Balanced Advantage/Dynamic Asset Allocation funds continue to attract investor interest (Gross inflow Rs. 6,221 crore) given concerns over the high trailing 12 month valuations.”
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