Equity MFs see net inflows of '38.4k crore, slight fall in April

MUMBAI: Investors continued to invest in equities, debt and gold through the mutual fund route despite volatile markets due to geopolitical tensions. In April, net inflows in equity funds were at Rs 38,440 crore, down marginally from Rs 40,450 crore in March while the corresponding figure in debt funds showed a huge reversal with a Rs 2.47 lakh crore net inflow last month, data released by fund industry trade body AMFI showed. It was the 62nd consecutive month of net inflows into equity schemes.

Gross inflows through the SIP flows were slightly down at Rs 31,115 crore, from Rs 32,087 crore in March, which showed an unusual spike since some end-Feb SIP mandates had flowed into March.

According to Bhautik Ambani, CEO, AlphaGrep Mutual Fund, the April flows indicate that investors are becoming more balanced and allocation-focused rather than purely chasing returns. "Even as overall equity inflows moderated, multi asset allocation funds have continued to attract strong inflows of over Rs 5,000 crore, highlighting growing investor preference for diversified strategies that can navigate volatility across asset classes."

Investors also invested in gold exchange traded funds which recorded net inflows at Rs 3,040 crore.

Ready to Make a Smarter Property Decision? Build Your Legacy with TOI Homes.