Equity Mutual Fund Inflows Dip 3.67 Per Cent In January: AMFI

The Association of Mutual Funds In India (Amfi) has released its data for the month of January 2025. In January, net inflows for the domestic mutual fund industry turned positive, growing to Rs 1.87 lakh crore compared to outflows of Rs 80,355 seen in December 2024.

However the net inflows in open-ended equity schemes stood at Rs 39,687.78 crore in January, decreasing 3.67 per cent compared to Rs 41,155.91 crore in December. Equity inflows remained positive for the 47th consecutive month starting from March 2021 even as key benchmark indices such as 30 share Sensex fell 0.84 per cent or 638.44 points to 77500.57 levels in January. And the benchmark Nifty fell nearly 1 per cent or 136.4 points in January to 23,508.4 levels.

The net AUM of open-ended equity oriented schemes stood at Rs 29,46,764.20 crore and funds worth Rs 26,942.30 crore were redeemed in January. The net AUM of close ended equity-oriented schemes grew to Rs 4,250.16 crore in January. Such schemes witnessed net inflows of Rs 18.44 crore and a redemption of Rs 18.44 crore as well.

Trends In Domestic Mutual Fund Industry

In the first month of the new calendar year, the net assets under management (AUM) of the domestic mutual fund industry grew marginally to Rs 67.25 lakh crore compared to Rs 66.93 lakh crore in December 2024. Retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at Rs 38,77,595 crore for January 2025 as compared to an AUM of Rs 39,91,313 crore in December 2024. The Average AUM for Jan 2025 decreased to Rs 68.04 lakh crore compared to Rs 69.32 lakh crore.

In the same time period, the number of folios increased to 229.1 million from 225 million in December. The funds mobilised by mutual fund houses witnessed a marginal fall as they decreased to Rs 12.17 lakh crore from Rs 12.41 crore in December. Retail Mutual Fund Folios (Equity + Hybrid + Solution Oriented Schemes) stood at 18.22 lakh crore for the month of January compared to 17.89 lakh crore for the month of December.

Notably the new SIPs (Systematic Investment Plans) registered in Jan 2025 stood at 56,18,831, taking the total number of SIP accounts to 10.26 crore. SIPs had an AuM of Rs 13.19 lakh crore in January. SIP’s contribution to inflows for January stood at Rs 26,400.21 crore.

Here’s a look at how different types of schemes performed in January:

Income/Debt-Oriented Schemes

According to the Amfi data for January 2025, net inflows in open-ended debt oriented schemes stood at Rs 1.28 lakh crore, the net AUM for such schemes stood at Rs 17.06 lakh crore, and funds worth Rs 9.5 lakh were redeemed/repurchased in January 2025.

Closed-end debt-oriented schemes witnessed net inflows of Rs 36 crore and had a net AUM of Rs 22,511.6 crore, funds worth Rs 55.54 crore were redeemed or repurchased in the first month of the calendar year.

Hybrid Schemes

Hybrid schemes received net inflows of Rs 8,767.52 crore in January 2025 and the net AUM for such schemes stood at Rs 8.75 lakh crore. Funds worth Rs 26,202.13 crore were redeemed from hybrid schemes in January.

Solution-Oriented Schemes

The net AUM of solution-oriented schemes stood at Rs 51,259.49 crore in January and net inflows for such funds stood at Rs 243.07 crore. Funds worth Rs 263.41 crore were redeemed from such funds.

Other Schemes

The Amfi data showed that the net AUM of other schemes such as index funds, gold exchange-traded funds (ETFs) and other ETFs stood at Rs 11,18,927.68 crore as of January 31, 2024. Such schemes witnessed net inflows of Rs 10,255.29 crore and funds worth Rs 26,652.91 crore were redeemed from such funds.

New Schemes Launched In January

Funds worth Rs 10,30,357.54 crore were redeemed in January compared to Rs 13,21,781.7 crore. The number of mutual fund schemes at the end of January increased to 1711 compared to 1,700 in December. Notably as many as 12 schemes were launched during January which mobilized Rs 4,544 crore.

Venkat Chalasani the chief executive of AMFI said that SIP contributions have remained robust despite volatility in the market. He also added that the AuMs of the mutual fund industry have increased to Rs 67.25 lakh crore in January, indicating a 27.52 per cent growth compared to the same period last year.

“Assets under management (AUM) of the domestic mutual fund industry increased to Rs 67.25 lakh crore in January, which is a 27.52 per cent growth year-on-year. Despite market volatility, SIP contributions remained robust, totalling Rs 26,400 crore for the month. We will continue to educate investors to stay invested through phases of volatility with a focus on disciplined, long-term approach to wealth creation,” Chalasani said.