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Mutual Funds

Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially

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Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially
Here is our monthly report covering the sales and redemption/ repurchase data of Mutual Funds in India. You can catch the previous edition here.


January 2017 witnessed a Net Inflow of Rs. 53,817 crore against Rs. 10,923 crore in December, 2016 though both Sales and Redemption were on the higher side.
Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially
Total Inflow stood at Rs. 1,616,205 crore against an Outflow of Rs. 1,562,388 crore.
Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially

Debt Funds: 45% drop in Redemption

  • Fresh purchases made by investors grew 22% sequentially from Rs. 70,480 crore to Rs. 86,027 crore.
  • Redemptions were lower 45% sequentially at Rs. 57,439 crore against Rs. 103,662 crore.
  • This resulted in a Net Inflow of Rs. 28,588 crore against a Net Outflow of Rs. 33,182 crore in December, 2016.

Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially
Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially

Equity: Lowest Net Inflow since September 2016

  • Fresh purchases made by investors fell by a timid 3% sequentially from Rs. 18,217 crore to Rs. 17,614 crore.
  • Redemptions were higher by 57% at Rs. 12,734 from Rs. 8,114 crore last month.
  • This resulted in the Net Inflow lower than witnessed in December, 2016 at Rs. 4,880 crore from Rs. 10,103 crore.

Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially
Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially

Balanced Funds

  • Smallest ownership of all the funds, redemptions grew by 204% from Rs. 551 crore to Rs. 1,657 crore while investments growth was limited to 11% from Rs. 4,498 crore to Rs. 4,979 crore.

Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially
Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially

The Big Data Chart: Inflows, Outflows and Net flows

  • A repetition of April, July and November, 2016 when all the funds witnessed a Net Inflow.
  • Liquid/ Money Market Funds witnessed its highest ever redemption in 22 months at Rs. 1,487,175 crore though even purchases were at a 22 months high at Rs. 1,497,716 crore.

Mutual Funds Sales Hit 22-Month High, Equity Funds Redemption Jump 57% Sequentially
Source: AMFI -> Research & Information -> AMFI Monthly
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