CARE Ratings Report On Mutual Fund Flows In February
‘Piggy banks’ sit on display during a campaign event in Taipei, Taiwan. (Photographer: Billy H.C. Kwok/Bloomberg)

CARE Ratings Report On Mutual Fund Flows In February

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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.

CARE Ratings Research Report

As discussed in our earlier report, assets under management of the Indian Mutual Fund industry reached to an all-time high of approximately Rs 31.6 lakh crore at the end of February 2021, increasing 16.1% YoY translating to an asset base addition of Rs 4.4 lakh crore (increased by 3.6% on month-on-month basis).

Equity schemes have the largest number of folios at approximately 659 lakh, which constitutes nearly 68.0% share of the total number of folios.

This is followed by hybrid schemes with 93.0 lakh folios (10.0% share) and debt schemes with 88.9 lakh folios (9.0% share).

Debt schemes accounted for the largest share of AUMs at 47.5% (versus 50.3% in February 2020), followed by equity schemes with 31.3% (versus 28.9% in February 2020) and hybrid schemes with 10.8% (versus 14.3% in February 2020).

Click on the attachment to read the full report:

CARE Ratings Deployment of Mutual Fund February 2021.pdf

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This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

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