Can you give a picture of funds mobilized by Indian mutual funds in the first nine months of the financial year?
Answer
Answer
The data is available for the period from April to November and can be summarised as under:
STATUS OF MUTUAL FUNDS INDUSTRY IN INDIA FOR THE PERIOD April 1, 2019 - November 30 , 2019
Rs. in crore
Sr. No.
Scheme Category
No. of schemes as on November 30, 2019
No. of Folios as on November 30, 2019
Funds mobilized for the period (Since April 01, 2019 to November 30, 2019)
Repurchase/ Redemption for the period (Since April 01, 2019 to November 30, 2019)
Net Inflow (+ve)/ Outflow (-ve) for the period (Since April 01, 2019 to November 30, 2019)
Net Assets Under Management as on November 30, 2019
Average Net Assets under Management for the month November 2019
A
Open ended Schemes
I
Income/Debt Oriented Schemes
1
Overnight Fund
27
45385
820010.35
791319.69
28690.65
40227.50
39219.61
2
Liquid Fund
40
1745252
12727639.43
12637430.45
90208.99
492696.84
504899.87
3
Ultra Short Duration Fund
28
683805
118268.68
104358.59
13910.09
94648.26
94182.08
4
Low Duration Fund
26
969929
74339.39
70316.61
4022.77
93083.95
90628.94
5
Money Market Fund
19
344840
112768.66
91988.59
20780.06
76595.09
75900.40
6
Short Duration Fund
28
321958
34204.43
25026.30
9178.12
92804.74
90866.41
7
Medium Duration Fund
16
222762
4357.39
12038.15
-7680.76
31060.55
31340.64
8
Medium to Long Duration Fund
13
109169
1339.78
1883.46
-543.68
10011.55
9982.06
9
Long Duration Fund
2
25927
382.78
182.69
200.09
1440.02
1428.31
10
Dynamic Bond Fund
28
216033
3336.56
5021.76
-1685.19
18878.81
18841.45
11
Corporate Bond Fund
20
313751
32333.80
16468.48
15865.33
77393.38
75668.33
12
Credit Risk Fund
21
506688
5704.17
25120.46
-19416.29
63754.61
64357.85
13
Banking and PSU Fund
19
142406
37279.63
7471.99
29807.63
66075.78
61991.93
14
Gilt Fund
21
101283
3238.42
2993.69
244.74
8471.70
8614.48
15
Gilt Fund with 10 year constant duration
4
30149
499.34
308.59
190.75
759.84
748.55
16
Floater Fund
7
156289
20793.75
17369.59
3424.16
34616.82
32509.30
Sub total - I (1+2+3+4+5+6+7+8+9+10+11+12+13+14+15+16)
319
5935626
13996496.56
13809299.10
187197.46
1202519.44
1201180.21
II
Growth/Equity Oriented Schemes
17
Multi Cap Fund
35
8877711
28497.08
19064.35
9432.73
151522.59
150196.43
18
Large Cap Fund
30
9428053
30284.11
20236.88
10047.23
152493.91
151039.26
19
Large & Mid Cap Fund
25
4546945
10398.87
7791.12
2607.76
56244.18
55712.46
20
Mid Cap Fund
25
6304450
17895.90
9657.01
8238.88
83839.45
82437.09
21
Small Cap Fund
21
5060879
13488.75
6212.61
7276.14
47840.79
47516.70
22
Dividend Yield Fund
6
484287
244.05
464.93
-220.88
4509.60
4539.77
23
Value Fund/Contra Fund
18
4285504
8111.12
8891.70
-780.59
56633.36
56641.57
24
Focused Fund
21
3207828
12704.96
6473.45
6231.51
45868.50
45131.71
25
Sectoral/Thematic Funds
97
6413321
11583.51
9878.04
1705.47
64788.25
64438.82
26
ELSS
44
11858832
10123.26
5769.91
4353.35
98871.65
98236.18
Sub total - II (17+18+19+20+21+22+23+24+25+26)
322
60467810
143331.63
94440.01
48891.61
762612.27
755890.00
III
Hybrid Schemes
27
Conservative Hybrid Fund
21
406513
827.57
3291.43
-2463.86
13378.71
13562.37
28
Balanced Hybrid Fund/Aggressive Hybrid Fund
33
5344541
17818.23
33371.96
-15553.73
136543.87
138384.70
29
Dynamic Asset Allocation/Balanced Advantage
21
2551157
18492.67
14634.45
3858.22
96847.01
96688.36
30
Multi Asset Allocation
7
610359
2447.05
2340.32
106.73
13064.18
13030.31
31
Arbitrage Fund
24
289260
62705.76
29189.24
33516.53
82682.18
81159.86
32
Equity Savings Fund
23
350351
1857.50
6698.13
-4840.63
15035.47
15496.63
Sub total - III (27+28+29+30+31+32)
129
9552181
104148.77
89525.52
14623.25
357551.42
358322.23
IV
Solution Oriented Schemes
33
Retirement Fund
21
2505290
1489.13
556.51
932.62
9306.52
9190.03
34
Childrens' Fund
9
2890835
592.27
305.16
287.11
8576.17
8482.92
Sub total - IV (33+34)
30
5396125
2081.40
861.67
1219.73
17882.69
17672.95
V
Other Schemes
35
Index Funds
30
405021
3792.01
1652.46
2139.55
7717.16
7588.09
36
GOLD ETFs
11
394010
415.92
319.68
96.23
5540.40
5514.72
37
Other ETFs
72
1408342
62501.69
38416.90
24084.79
163923.66
161479.51
38
Fund of funds investing overseas
29
143706
595.28
251.75
343.52
2470.22
2395.62
Sub total - V (35+36+37+38)
142
2351079
67304.89
40640.80
26664.09
179651.44
176977.94
Total A-Open ended Schemes
942
83702821
14313363.25
14034767.11
278596.15
2520217.26
2510043.32
B
Close Ended Schemes
I
Income/Debt Oriented Schemes
i
Fixed Term Plan
739
867449
2999.68
31557.17
-28557.50
138469.61
138301.43
ii
Capital Protection Oriented Schemes
32
122165
405.99
2058.48
-1652.49
4814.65
4844.14
iii
Infrastructure Debt Fund
9
89
0.00
314.72
-314.72
2427.60
2423.19
iv
Other Debt
36
86858
0.00
2350.24
-2350.24
3691.98
3886.07
Sub total (i+ii+iii+iv)
816
1076561
3405.66
36280.62
-32874.95
149403.84
149454.83
II
Growth/Equity Oriented Schemes
i
ELSS
25
478491
0.00
231.91
-231.91
4341.48
4316.41
ii
Others
94
1256589
0.00
1257.88
-1257.88
29183.61
29012.42
Sub total (i+ii)
119
1735080
0.00
1489.78
-1489.78
33525.10
33328.83
III
Other Schemes
0
0
0.00
0.00
0.00
0.00
0.00
Total B -Close ended Schemes
935
2811641
3405.66
37770.40
-34364.74
182928.93
182783.66
C
Interval Schemes
I
Income/Debt Oriented Schemes
24
4123
8.87
555.60
-546.73
1553.22
1557.98
II
Growth/Equity Oriented Schemes
0
0
0.00
312.63
-312.63
0.00
0.00
III
Other Schemes
0
0
0.00
0.00
0.00
0.00
0.00
Total C -Interval Schemes
24
4123
8.87
868.24
-859.36
1553.22
1557.98
Grand Total (A+B+C)
1901
86518585
14316777.79
14073405.74
243372.05
2704699.41
2694384.96
Fund of Funds Scheme (Domestic)
42
519308
5715.34
901.52
4813.82
9679.51
9228.60
As can be seen, some shifts are happening. The passive funds are beginning to get more money. Within equity funds the focus is more on diversification. Within debt funds, investors are focusing less on the credit risk funds and not chasing higher returns. It is becoming a conservative investment product.