InvestorQ : How were the flows into mutual funds for the month of July 2021?
Lavanya Subramanian made post

How were the flows into mutual funds for the month of July 2021?

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Anamika Sodhani answered.
4 months ago
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On 09 August, the AMFI announced the fund flow data for July 2021 and it was absolutely astounding. The total inflows into equity funds were buoyant at Rs.22,583 crore, which is almost twice the peak inflow in March and May. Not to forget that the biggest boost to equity fund inflows came from the Rs.9,808 crore collections by the ICICI Pru Flexi Cap Fund NFO, which closed in July. This was the highest ever amount collected in an equity NFO.

Not just equity funds but hybrid, passive and debt funds saw heavy inflows too. In fact, debt fund inflows were to the tune of over Rs.73,000 crore while the overall inflows into mutual funds in the month of July stood at Rs.125,981 crore. Hybrid funds saw inflows of nearly Rs.20,000 crore, led by arbitrage funds, which are a proxy for liquid funds. AUM of mutual funds as of July 2021 touched a peak of Rs.35.89 trillion.

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