India Mutual Fund Industry - Net Flows Rise Further, Buoyed By Liquid, Equity Schemes: Motilal Oswal

India Mutual Fund Industry - Net Flows Rise Further, Buoyed By Liquid, Equity Schemes: Motilal Oswal

A ‘piggy bank’ sits atop coins. (Photographer: Billy H.C. Kwok/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

Overall net inflows came in at Rs 462 billion for November 2021 (versus inflows of Rs 383 billion reported in October 2021). The flows are highest seen in the past five months.

Industry flows stood at Rs 2.5 trillion in FY22 year-to-date (versus Rs 2.7 trillion in FY21 year-to-date), driven by strong flows in equity (Rs 666 billion) and hybrid (Rs 889 billion) schemes. Debt schemes saw outflows of Rs 297 billion.

The number of folio additions remained strong at 2.6 million, driven by equity, hybrid, and other schemes. Liquid funds saw a further reduction in the folio count.

Systematic investment plan flows reached new highs of Rs 110 billion, indicating growth of 51% YoY and 5% month-on-month. The number of SIP accounts opened up during the month stood at ~1.4 million.

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Motilal Oswal Mutual Fund Industry Update.pdf
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