Domestic AUM for November 2021 stands at Rs 36.71 lakh crore

Despite higher valuation, all categories of equity mutual funds saw an inflow.

The month of November 2021 was not good for the equity market however, it was satisfactory for the domestic mutual fund industry. Nifty in November declined by 5%, however, equity-oriented schemes saw an inflow of Rs 11614 crore in the month of November 2021 compared to an inflow of Rs 5214 crore in October 2021. All the categories of equity MF saw an inflow. Nevertheless, for equity-oriented schemes, AUM declined by 1.41% on a month-on-month basis. At the end of November 2021, the total AUM of equity-oriented funds was at Rs 12.78 lakh crore compared to Rs 12.96 lakh crore at the end of October 2021. The fall in the equity dedicated AUM was primarily due to marked losses in the equity market.

The asset under management (AUM) of the domestic mutual fund industry has increased by 0.08% on monthly basis to Rs 36.71 lakh crore for November 2021. Debt dedicated fund for the month of November 2021, saw net inflows to the tune of Rs 14,893.08 crore after witnessing an inflow of Rs 12,984.8 crore in the preceding month. Liquid funds saw a major inflow in November 2021 while most of the other funds saw net outflows in the same month.

Growth in the Hybrid category of funds has tapered down and saw a muted increase of 0.6% in their AUM on a sequential basis in November 2021. It was 2.76% in the previous month. Hybrid funds saw net inflows in November 2021 to the tune of Rs 9,422 crore and within hybrid funds, it was Dynamic Asset Allocation/Balanced Advantage Fund that saw a major inflow to the tune of Rs 6094 crore compared to Rs 11,219 crore of inflow in the month of October 2021.

Passively managed funds such as ETF and index funds continued to attract investors and for November 2021 and saw net inflows of Rs 11,024.22 crore.