MF Update: October 2021 AUM stands at Rs 36.68 lakh crore

Domestic mutual fund AUM has remained at almost the same level for the last two months.

The asset under management (AUM) of the domestic mutual fund industry has declined by 0.14 % on monthly basis to Rs 36.68 lakh crore for the month of October 2021. Debt dedicated fund for the month of October 2021, saw net inflows to the tune of Rs 12,984.8 crore after witnessing an outflow of Rs 63,910 crore in the preceding month. Overnight fund and floater funds saw a major inflow in the month of October 2021 while liquid funds and short duration funds saw net outflows in October 2021.

Hybrid funds saw an increase of 2.76% in their AUM on a sequential basis in October 2021. Hybrid funds saw net inflows to the tune of Rs 10,437.11 crore and within hybrid funds, it was Dynamic Asset Allocation/Balanced Advantage Fund that saw major inflows to the tune of Rs 11,219 crore. Passively managed funds such as ETF and index funds continued to see good traction and for the month of October 2021, and saw net inflows of Rs 10,758.85 crore.

For equity-oriented schemes, AUM increased by 1.32% on the month on month basis. All the categories of equity MF saw an inflow except for the ELSS and value fund. The net inflow has increased to Rs 5214 crore in October 2021 compared to an inflow of Rs 8677 crore in the month of September 2021. At the end of October 2021, the total AUM of equity-oriented funds was at Rs 12.96 lakh crore compared to Rs 12.79 lakh crore at the end of September 2021.