Inflows In Equity Mutual Fund Continue To Decline In February: Amfi Report

The Association of Mutual Funds In India (Amfi) has released its data for the month of February 2025. In February the net inflows into equity mutual funds fell to Rs 29,303.34 crore from Rs 39,687 crore in January. This is the second straight month for which inflows into equity mutual funds have continued to decline.

Inflows in midcap funds, smallcap funds and largecap funds witnessed a month-on-month decline in February. Inflows in midcap funds and smallcap funds declined to Rs 3,406 crore and Rs 3,722 crore respectively in February compared to Rs 5,147 crore and Rs 5,720 crore, in January. In largecap funds, inflows declined to Rs 2,866 crore compared to Rs 3,063 crore in January.

Despite the decline equity inflows remained positive for the 48th month since March 2021 amid the benchmark indices witnessing declines in February. The Sensex declined by 5.5 per cent to 73,198.1 levels in February and the Nifty fell by 5.88 per cent to 22,124.7 levels in the same time-period.

The net AUM of open-ended equity-oriented schemes stood at Rs 27,39,726.26 crore and funds worth Rs 25,125.63 crore were redeemed in February. The number of folios in equity-oriented schemes stood at 16,23,74,751 in February and the number of active schemes stood at 507. As much as Rs 54,428.97 crore were mobilised in February in equity-oriented schemes.

SIP Inflows Decline In February

The monthly systematic investment plan (SIP) inflows into mutual funds declined to Rs 25,999 crore in February from Rs 26,400 crore in January. SIP AuMs also declined to Rs 12,37,784 crore in February from Rs 13,19,853 crore in January.

The number of new SIP accounts that were opened during this month also declined to 44.56 lakh compared to 56.19 lakh in January. The number of accounts that have been discontinued also decreased to 54.7 lakh in February from 61.33 lakh in January. The number of total SIP accounts stood at 10.16 crore as of February, decreasing from 10.26 crore in January.

Income/Debt-Oriented Schemes

According to the Amfi data for February 2025, net outflows in open-ended debt oriented schemes stood at Rs 6,525.56 crore, the net AUM for such schemes stood at Rs 17,08,111.68 and funds worth Rs 9,19,849.34 were redeemed/repurchased in February 2025.

Closed-end debt-oriented schemes witnessed net inflows of Rs 48.47 crore and had a net AUM of Rs 22,528.49 crore, funds worth Rs 41.57 crore were redeemed or repurchased in the second month of the calendar year.

Hybrid Schemes

Hybrid schemes received net inflows of Rs 6,803.85 crore in February 2025 and the net AUM for such schemes stood at Rs 8,52,075.8 crore. Funds worth Rs 21,657.36 crore were redeemed from hybrid schemes in February.

Solution-Oriented Schemes

The net AUM of solution-oriented schemes stood at Rs 48,417.89 crore in February and net inflows for such funds stood at Rs 246.18 crore. Funds worth Rs 186.24 crore were redeemed from such funds.

New Schemes Launched In February

As many as 29 schemes were launched during February, these 29 schemes mobilized Rs 4,029 crore. Notably as many as 28 open-ended schemes were launched and one debt oriented scheme was launched in February.