MF update: February 2021 AUM at Rs 31.64 lakh crore
The asset under management (AUM) of the domestic mutual fund industry has increased by 3.74 per cent on a monthly basis to Rs 31.64 lakh crore for the month of February 2021. The increase in AUM can well be attributed to a rise in the asset under management of the entire major mutual fund categories (equity, debt & hybrid). On a month-on-month basis, the assets of equity-oriented schemes have surged by a huge 8.07 per cent. In the month of February 2021, the Nifty 500 gained almost 8 per cent and thus, its better mark-to-market gain is the reason for such an increase in the AUM.
February 2021 became the eighth month when the equity-dedicated funds witnessed a net outflow. These outflows were to the tune of Rs 4,534 crore in February 2021 as against an outflow of Rs 9,253 crore in the preceding month. All the sub-categories of equity-oriented funds saw a net outflow in the month of February 2021 except for focussed and large & mid-cap funds, which saw an inflow of Rs 156 crore each. At the end of February 2021, the total AUM of equity-oriented funds was at Rs 9.63 lakh crore compared to Rs 8.91 lakh crore at the end of January 2021.
|
Particulars
|
Jan-21
(Rs Cr)
|
Feb-21
(Rs Cr)
|
Change
(per cent)
|
|
Equity-Oriented Schemes
|
8,91,399.41
|
9,63,358.24
|
8.07
|
|
Debt-Oriented Schemes
|
13,74,116.74
|
13,74,384.05
|
0.02
|
|
Hybrid Schemes
|
3,17,243.56
|
3,38,214.80
|
6.61
|
|
Solution-Oriented Schemes
|
22,051.99
|
24,067.67
|
9.14
|
|
Other Schemes
|
2,96,458.57
|
3,15,570.81
|
6.45
|
|
Total AUM of open-ended schemes
|
29,01,270.27
|
30,15,595.57
|
3.94
|
|
Total AUM of close-ended & interval schemes
|
1,48,859.76
|
1,48,518.08
|
-0.23
|
|
Total Industry AUM
|
30,50,130.03
|
31,64,113.65
|
3.74
|
Debt dedicated fund for the month of February 2021 saw net inflows to the tune of Rs 1,735 crore. Liquid fund and money market fund saw net inflows, whereas short-duration fund, dynamic bond fund, and corporate bond funds saw net outflows in the month of February 2021.
Hybrid funds too witnessed net inflows of Rs 4,703 crore in the month of February 2021. Having said, inflows into other ETFs continue to witness good traction with net inflows of Rs 1,949 crore.
In the month of February 2021, inflows via the systematic investment plan (SIP) went through a sharp decline. It stood at Rs 7,528 crore in February 2021, which is near to a 52-week low of Rs 7,302 crore.