Domestic MF Industry AUM reaches at Rs 25.2 lakh crore in August

The domestic MF industry crossed another milestone of Rs 25 lakh crore in the month of August 2018. It recorded a month on month growth of 9.3 per cent. Total AUM at the end of July was Rs 23.05 lakh crore. The increase in AUM was primarily led by inflow in Liquid/ Money Market segment. This segment saw a net inflow of Rs 171108 crore during last month, against an outflow of Rs 31141 crore during July 2018. Category-wise income funds (Rs. 6,520 crore), gilt funds (Rs. 283 crore), arbitrage funds (Rs. 2,452 crore) and gold ETF (Rs. 45 crore) reported net outflows during the month.

The inflows in equity scheme continuous to see a decline. For the month of August, Equity Schemes (Excluding Arbitrage Funds) saw an inflow of Rs 7734 crore, against an inflow of Rs 8512 crore in the month of July 2018. Arbitrage funds saw an outflow of Rs 2452 crore during August, against an inflow of Rs 1133 crore during July 2018.

The impact of the net inflows of the funds in different categories is reflected in their share in overall AUM. Liquid/Money market fund has witnessed an increase in its share by 500 basis points in overall AUM in last one month. It has increased from 19% in the month of July to 24% in August. The share of Equity funds at the same time has declined by 200 basis points to 28% in August.