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Mutual Fund AAUMs at an all-time high in Nov-21 to Rs38.45 lakh cr

Mutual Fund SIP Monthly Contribution for November 2021 at historic peak at Rs11,004.94cr and breaches Rs11K crores milestone for 1st time ever.

December 10, 2021 12:48 IST | India Infoline News Service
Mutual Funds
Second highest rise in Net Flows during 2021-22 fiscal, (since April 2021) at Rs46,165cr, and continued robust increase in the monthly SIP contribution, now at highest ever at Rs11,004.94cr, has led to the Indian Mutual Fund Industry reporting a rise in Average AUMs and the Net AUMs for November 2021 to a record high at Rs38,45,377.59cr and Rs37,33,701.82cr, respectively, as per AMFI data released on Thursday.

According to AMFI November 2021 data released today, the Net Flow for all the five categories of open-ended schemes, Income/Debt Oriented Schemes, Growth/Equity Oriented Schemes, Hybrid schemes, Solution oriented schemes, and Other open-ended schemes including Index schemes, ETFs, Fund of Funds schemes have reported positive flows during November 2021. 

Even within the closed-ended category, for the first time this fiscal, the Income/Debt Oriented Schemes led by Fixed Maturity Plans, has shown positive flows, albeit at a paltry Rs6.97cr.

Mutual Fund AAUMs in the Equity / Growth oriented schemes as also in Hybrid oriented schemes have risen by almost one-third during April 2021 to November 2021 - from Rs9,80,944.22cr in April 2021 to Rs13,20,703.31cr in November 2021, and Rs3,57,538.13cr in April 2021 to Rs4,87,822.14cr respectively.

One of the highlights for November 2021 has been all the 23 open-ended equity-oriented and hybrid schemes have reported positive flows, led by Flexi Cap, Focused schemes, Thematic schemes, Large Cap, and Dynamic Asset Allocation schemes. Within the pure Debt / Income schemes category, Liquid schemes, medium to long duration schemes, short duration schemes and Credit Risk schemes reported positive flows. Even within the close-ended Debt schemes, FMPs reported positive flows for the first time, this fiscal.

Speaking on the occasion, Mr N S Venkatesh, Chief Executive, AMFI said: “Despite rising uncertainty owing to feared third wave of the pandemic, and extreme equity market volatility, Retail Investors continue to benefit and hence also stick to displaying trust on the disciplined SIP mode of savings in Mutual Funds."

"On the back of accommodative RBI policy stance, with focus on economic revival and growth and keeping inflation within target, we expect MF Industry to continue to report robust growth, and deliver value to its investors beyond 2021, in the years to come,” he added.  

The number of MF SIP accounts at 4,78,24,469 (4.78 crores) as on November 30, 2021 have risen by 13,93,871 (13.94 lakh) as compared to 4,64,30,598 (4.64 crores) as on October 31, 2021, while the monthly SIP contribution breached Rs11,000 mark for the first time ever, ending at Rs11,004.94 crores.

Highlights for November 2021 Monthly Data:
  • At Rs37,33,701.82cr, the Net AUMs for the Indian Mutual Fund Industry reports consistent growth, Average AUMs at Rs38,45,377.59cr
  • No. of Folios as on November 30, 2021 stood at 11,69,91,489 as compared to 9,85,68,709 as on April 30, 2021, an 18.69 per cent rise and 9,51,88,368 as on January 31, 2021, a 22.9 per cent rise.
  • No of Folios under retail schemes (Equity+Hybrid+Solution Oriented Schemes) at 9,51,68,813 also at an all-time high
  • Monthly SIP Contribution collected at Rs11,004.94cr is at an all-time high
  • SIP AUM as at the end of November 2021 Rs5,46,683.12cr
  • The number of SIP accounts stood all-time high in November 2021 at 4,78,24,469 compared to 4,64,30,598 in October 2021.
  • Retail AUMs (Equity+Hybrid+Solution Oriented Schemes) in November stood at Rs17,83,175cr

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