Equity MF inflows continue to be robust, investors pour in Rs 18,500 cr in May

Amfi data released for the month on Thursday said investors poured in a net Rs 18,529.43 crore in equity oriented funds, compared to Rs 15,890.38 crore in April. Flexicap funds got the biggest net investment of Rs 2,938.93 among categories, followed by Large Cap Fund that received net 2,485.37 crore.

The debt segment saw net outflow of Rs 32,722.25 crore as bond yields rose, which hurts NAV of debt schemes. Money Market Fund, Short Duration Fund and Floater Fund were among those that saw most of the outflow.

Thanks to consistent investments made by investors, domestic institutional investors, which mostly comprise mutual fund managers, bought stocks worth Rs 50,835.54 crore during the month. This is at the time FIIs have been withdrawing money in heaps from Indian markets.

During May, Sensex declined 2.6 per cent, while BSE Midcap tanked 5.22 per cent and BSE Smallcap index 7.83 per cent.

Total AUM of the mutual fund industry decreased by Rs 7,532.54 crore to Rs 37.22 lakh crore at the end of May. A part of the losses and gains also includes mark-to-market losses or gains for the industry.