CARE Ratings Report On Mutual Fund Flows In February
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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).
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