Total AUM of MF Industry Declines by 4.3% in September '12

capital market | Mumbai |

Due to huge outflow from liquid funds

Total Assets Under Management (AUM) of the mutual fund (MF) industry declined by 4.3% (by Rs 32435 crore) to Rs 7.2 lakh crore in September 2012, due to huge outflow from liquid funds.

AUM of Liquid Funds fell sharply by 25.2% (by Rs 48791 crore) to Rs 1.44 lakh crore in September and moreover it reported net outflow of Rs 48445 crore, which being the highest in the last six months.

AUM of Income Funds rose up for the sixth consecutive time in September, it increased by 0.9% (by Rs 3011 crore) to Rs 3.52 lakh crore in September. However, this category witnessed net outflow of Rs 256 crore and the net outflow from this category has been after five months.

On the other side, AUM of equity funds increased by 6.3% (by Rs 9696 crore) to Rs 1.62 lakh crore, while assets of equity-linked saving schemes (ELSS) increased by 6.8% (by Rs 1570 crore) to Rs 24635 crore, due to mark-to-market gains. The equity market represented by the benchmark - Sensex and Nifty gained 7.65% and 8.46% respectively in September. However, Equity and ELSS Funds faced net outflows to a tune of Rs 3306 crore and Rs 253 crore respectively in September.

AUM of Gold ETF increased by 4.6% (by Rs 497 crore) to Rs 11198 crore, taking it to all time high, due to rise in the gold price and due to net inflows to a tune of Rs 332 crore in September.

Net outflow from the industry stood at Rs 51908 crore in September as against net inflow of Rs 19807 crore in August.

Funds mobilized from 22 newly launched schemes in September stood at Rs 1642 crore, all of them are close ended income funds.

Net Inflow / Outflow in Different Fund Categories in September 2012
CategoryNet Flows (Rs. Cr)
Liquid / Money Market-48445
ELSS - Equity-253
Gold ETF332
Other ETFs160
Fund of Funds Investing Overseas-66


CategoryAssets Under Management (AUM) *% Change
Income349311 352322 30110.9
Equity153015 162711 96966.3
Balanced15761 17016 12558.0
Liquid193466 144675 -48791-25.2
Gilt3282 3356 742.3
ELSS - Equity23065 24635 15706.8
Gold ETF10701 11198 4974.6
OTHER ETFs1548 1806 25816.7
Fund Of Funds Investing Overseas2399 2394 -5-0.2
TOTAL752548 720113 -32435-4.3
*Rs. Crore

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