MF Update: AUM of January 2021 stands at Rs 30.50 lakh crore
The asset under management (AUM) of the domestic mutual fund industry has declined by 1.69 per cent on a monthly basis to Rs 30.5 lakh crore for the month of January 2021. The decline in AUM was driven by a decline in the asset under management of the entire major mutual fund category. For equity-oriented schemes, it has declined by 1.69 per cent on a MoM basis. The reason for such a fall in the AUM is due to Rs 9,253 crore of outflows in the month of January 2020. This is the seventh consecutive month of outflows from the equity-dedicated mutual funds. All the sub-categories saw net outflow in the month of January 2021 except for sectoral/thematic funds, which saw an inflow of Rs 2,586 crore. Last month (December 2021) also, this was the lone category that saw net inflows. Even ELSS, which used to attract investment in the last quarter of the financial year, saw an outflow to the tune of Rs 820 core. At the end of January 2021, the total AUM of equity-oriented funds was at Rs 8.91 lakh crore compared to Rs 9.06 lakh crore at the end of December 2020.
|
Particulars (Rs cr)
|
Dec-20
|
Jan-21
|
Change (per cent)
|
|
Total AUM
|
31,02,475.50
|
30,50,130.04
|
-1.69
|
|
Equity oriented schemes
|
9,06,766.98
|
8,91,399.41
|
-1.69
|
|
Debt oriented schemes
|
14,06,042.27
|
13,74,116.74
|
-2.27
|
|
Hybrid schemes
|
3,17,572.06
|
3,17,243.56
|
-0.10
|
Debt dedicated fund for the month of January 2021 saw net outflows to the tune of Rs 33,408.76 crore. The liquid fund, low duration fund and money market fund saw net outflow in the month of January 2021 while short-duration fund, overnight fund, and corporate bond funds saw net inflows in the month of January 2021.
Hybrid funds saw net inflows in the month of January 2021 to the tune of Rs 2,141.73 crore. Inflows into ETF continue saw good traction and for the month of January 2021, it saw net inflows of Rs 7,699.82 crore compared to the inflow of Rs 6,831.34 crore in the month of December 2020.