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Below the Perspective on AMFI Data by Sanjay Agarwal, Senior Director, CareEdge Ratings

‘The AUM of the mutual fund industry has continued to grow at a brisk pace of over 40% y-o-y and 1.2% sequentially to reach Rs.67.91 lakh crore as the Sensex has risen by more than 20% over the last 12 months and is also buoyed by continued inflows in debt as well as equity mutual funds despite market volatility. Overall, the industry witnessed an inflow Rs 2.4 lakh crore in the month, primarily due to inflows of Rs 1.57 lakh crore into debt schemes. Over the last 44 months, the equity inflows have remained positive and in the current month touched a high of over Rs 0.41 lakh crore. During October 2024, 29 open-ended NFOs were floated which collectively mobilised Rs.0.06 lakh crore with sectoral/thematic funds accounting for 58% share. All categories excluding Credit Risk Funds witnessed inflows.’

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