AMFI Mutual Fund Monthly Performance Report: June 2022
The Association of mutual funds of India (AMFI) publishes a monthly report on the performance of different categories of mutual funds - giving a detailed view of the mutual fund industry for the month.
In this article we take a look at the monthly report and some of the major trends and highlights. Here’s an overview of what happened in June 2022:
Net inflows into open-ended equity schemes stood at Rs 15,497.76 crore - a fall as compared to an inflow of Rs 18,529.43 crore in May.
Debt Funds saw a net outflow of Rs 92,247.63 crore in June 2022.
We have discussed more about the mutual fund monthly report for June 2022 below.
Net Flows
Net flows in mutual funds is the total money that has moved in (inflows) or moved out (outflows) of the fund for a particular period.
Open Ended Equity Funds
Open Ended Equity Funds recorded an inflow of Rs 15,497.76 crore in June as compared to an inflow of Rs 18,529.43 crore in May 2022.
No fund sub category under open ended equity firms recorded a net outflow.
Here’s how different subcategories under open-ended equity funds performed:
|
Scheme Name |
Net Inflow (+ve) / Net Outflow (-ve) (Rs. in Cr.) |
|
Open-Ended Equity Schemes |
|
|
Multi Cap Fund |
970.24 |
|
Large Cap Fund |
2,130.35 |
|
Large & Mid Cap Fund |
1,994.73 |
|
Mid Cap Fund |
1,851.67 |
|
Small cap Fund |
1,615.92 |
|
Dividend Yield Fund |
66.50 |
|
Value fund/contra fund |
847.15 |
|
Focused Fund |
1,191.57 |
|
Sectoral/Thematic fund |
1,677.82 |
|
ELSS |
640.06 |
|
Flexi Cap Fund |
2,511.74 |
|
Total |
15,497.76 |
Open-Ended Debt Schemes
The outflows for open-ended Debt schemes stood at Rs 92,247.63 crore in June.
Two subcategories under Open-ended debt schemes recorded inflows while the other fourteen recorded outflows.
Here is how the different subcategories performed:
|
Scheme Name |
Net Inflow (+ve) / Net outflow (-ve) (Rs. In Cr.) |
|
Open Ended Debt Schemes |
|
|
Overnight Fund |
-20,668.07 |
|
Liquid Fund |
-15,782.64 |
|
Ultra Short Duration Fund |
-10,057.99 |
|
Low Duration Fund |
-8,532.35 |
|
Money Market Fund |
-8,126.12 |
|
Short Duration Fund |
-6,648.91 |
|
Medium Duration Fund |
-1,228.33 |
|
Medium to Long Duration Fund |
-167.16 |
|
Long Duration Fund |
36.65 |
|
Dynamic Bond Fund |
-737.68 |
|
Corporate Bond Fund |
-9,086.01 |
|
Credit Risk Fund |
-482.42 |
|
Banking and PSU Fund |
-3,881.28 |
|
Gilt Fund |
-28.07 |
|
Gilt Fund with 10 year constant duration |
220.69 |
|
Floater Fund |
-7,077.94 |
|
Total |
-92,247.63 |
Systematic Investment Plans
Mutual Funds SIP accounts stood at 5.55 crore and the total amount collected through SIP during 2022 was Rs 12,276 crore.
AUM
Assets under management (AUM) is basically the total market value of the investment that is managed by a mutual fund.
The number fluctuates regularly depending on the money flowing in and out of the fund and the price of the assets held by it.
|
Average Net Assets Under Management |
Rs. Crores |
|
Open-ended equity schemes |
|
|
June |
12.86 lakhs |
|
May |
13.02 lakhs |
|
Open-ended Debt Schemes |
|
|
June |
12.34 lakhs |
|
May |
13.62 lakhs |
Folios
A folio number is a unique number allotted to each mutual fund investor. When an investor purchases a fund, a folio number is assigned by the mutual fund company. There’s no restriction on the number of folios as an investor can have different folio numbers for different funds.
|
Number of Folios as on |
|
|
Open-ended Equity Schemes |
|
|
June |
8.95 crore |
|
May |
8.85 crore |
|
Open-ended Debt Schemes |
|
|
June |
72.70 lakhs |
|
May |
72.87 lakhs |
New Schemes
No new schemes were launched during the month.
Disclaimer: The data presented here is only for educational and informational purposes. This is in no way intended to be advice on what to buy or sell. Investors are advised to invest in mutual fund schemes after thorough research and in alignment with their own investment goals and risk appetite.
To read the RA disclaimer, please click here.
Research Analyst: Bavadharini KS