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Meanwhile, monthly systematic investment plans (SIPs) in mutual funds have crossed the Rs 25,000 crore mark for the first time to reach Rs 25,323 crore in October 2024. Which was Rs 24,509 crore in September 2024. A year ago, the monthly SIP contribution in October 2023 was Rs 16,928 crore.
Let us tell you that Sensex and Nifty have recorded the biggest decline of 5 to 6 percent in recent years, which was earlier seen in March 2020. Despite this, due to the enthusiasm of retail investors towards investment, the investment figure has crossed Rs 40,000 crore.
An investment of Rs 2.4 lakh crore has been recorded in the mutual fund industry in October. Investment outflow of Rs 71,114 crore was recorded in the month of September. A huge increase of Rs 1.57 lakh crore has been recorded in investment in loan schemes.
The net assets under management (AUM) of the industry has increased from Rs 67 lakh crore in September 2024 to Rs 67.25 lakh crore in October 2024. Investment inflows into equity schemes were recorded at Rs 41,887 crore in October, compared to Rs 34,419 crore in September.
Earlier in June, investment inflow in equity schemes was Rs 40,608 crore. Even among equity schemes, sector themed schemes recorded the highest net investment inflow of Rs 12,279 crore. However, investment inflows into this segment have been lower compared to September's Rs 13,255 crore.
In the fixed income category, liquid mutual funds recorded record investment inflows of Rs 83,863.3 crore, against an outflow of Rs 72,666 crore in September 2024. Investment outflow in credit risk funds stood at Rs 357.4 crore in October, compared to Rs 484 crore in September. Investment inflow into corporate bond mutual funds has been recorded at Rs 4644.4 crore. Which was Rs 5039 crore in September.