Hyderabad, Mar 10 (Maxim News): Investors who had been circling around metals like gold, silver, and copper until a few days ago have now changed their route. They have changed their investment plans again, saying no to ETFs and oly equities during the war. Let’s now find out the details of what mutual fund investors are actually doing the how much profit they are making from it.
Indian mutual fund investors have once again turned their attention to equities in February. Even amidst market volatility, investors are showing interest in investing in stock market-based funds. According to data released by the Association of Mutual Funds in India, equity inflows, which were Rs. 24,029 crore in January, grew by 8 percent to Rs. 25,978 crore in February. This proves that retail investors are focusing on long-term wealth creation ignoring short -term fluctuations.
In the equity segment, flexi-cap funds received the most funds, Rs. 6,925 crore. However, compared to the last few months, investors in this segment are acting somewhat cautiously. On the other hand, investments in mid-cap and small-cap funds, which have potential for growth, are increasing. In February, mid-cap funds received Rs. 4,003 crore and small-cap funds received Rs, 3,881 crore. Sectoral and thematic funds also gained momentum and attracted investments of Rs. 2,987 crore.
When it comes to debt mutual funds, net investments of Rs. 42,106 crore were received in February. Liquid funds in particular saw huge inflows of Rs. 59,077 crore, while overnight funds saw withdrawals of Rs. 14,006 crore. Investors seem to be giving preference to funds with quick liquidity. When it comes to gold, gold ETF inflows, which were Rs. 24,040 crore in January, declined to Rs. 5,255 crore in February, but investors are still interested in gold for portfolio diversification.
The market has been moving in the same range for the past few years, investments coming through systematic investment plans have been strong. SIP contribution in February was recorded at Rs. 29,845 crore. In January, it was Rs. 31,000 crore. Despite the slight change, experts say that ordinary investors are continuing to invest with discipline. Overall, Assets under management of equity mutual funds increased from Rs. 34.87 lakh crore in January to Rs. 35.39 lakh crore in February. (Maxim News)
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