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Below the Key highlight on June 2023 MF Fund inflows data from, Sriram BKR Senior Investment Strategist at Geojit Financial Services.

MF fund flows - Jun 2023: Key Highlights: 
 

• Industry reported net outflows of -2022 Crs, after 2 months of inflows, primarily pulled by Liquid funds.

• Equity funds received net inflows of 8245 crs, down -12.8% from 3M avg flows. Roughly 37% came from NFOS. Gross purchases went up by 23.5% MOM, redemptions were up 6.89%.

• Top inflows: Smallcap 5472 crs, best in 48+M (No NFOS); Value/Contra 2239 crs, a 48+M best, 65% coming from 1 NFO; Midcap 1749 crs, up 2.5% from 3M avg.

• Outflows: Largecap-2050 crs, 4th low in 48M; Focused-1018 crs, 2nd low in 4 yrs. Close ended equity 393 crs.

• inflows of 6856 crs, down -68% from 3M avg.

• Debt Funds suffered net outflows at -17061 crs, after 2 months of inflows, Debt ex-liquid & O/n had Geojit Insights Top inflows: Money Market 6827 crs, up 82% from 3M avg, Overnight 4628 crs, turned inflows from 3M avg outflows; Low dur 3358 crs, up 877% from 3M avg

• Outflows: Liquid -28545 crs, largely appears to be a qtr end effect: Ultra short dur -1887 crs. Close-ended Debt 2926 crs.

• Hybrid Funds had net inflows of 4611 crs, turned inflows from 3M avg outflows.

• Top inflows: Arbitrage 3366 crs, turned inflows from 3M avg outflows; Multi AA 1323 crs, 3 Most in 4 yrs. Outflows: Aggressive hybrid -389 crs, down -20% from 3M avg outflows; Bal. Adv. / Dyn AA-215 crs, down- 50% from 3M avg outflows.

• Solution Funds had net inflows of 126 crs, down-27% from 3M avg flows.

• Inflows: Retirement 79 crs, down 28.6% from 3M avg: Children's fund 47 crs, down 24% from 3M avg

• Other schemes got net inflows of 2057 crs, down -84% from 3M avg.

• Top inflows: Other ETFs 3402 crs, down -7% from 3M avg: Gold ETF 70 crs: Outflows: Index funds -906 crs, 14 year low; Overseas FoFs -510 crs, a 4 yr low.

• NFO Sales: 3228 crs, down -11% from BM avg, but much higher than prev. mth, across 11 schemes. 94% from 5 Equity funds; rest from other categories

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