Mutual Fund Update: February 2022 AUM stands at Rs 37.56 lakh crore

Domestic mutual fund AUM has declined by 1.18% on a sequential basis.

The asset under management (AUM) of the domestic mutual fund industry declined by 1.18% on monthly basis to Rs 3756 lakh crore for February 2022. The fall was primarily led by a fall in the AUM of equity dedicated fund. For equity-oriented schemes, AUM declined by 3.25% on a month-on-month basis. This is because the bad performance of equity market. In the month of February 2022, equity markets are down by almost 7% and reflecting the fall of AUM.

This has not dented the sentiment of investors and we see all the categories of equity MF saw an inflow. The net inflow has increased to Rs 19,705.27 crore in the month of February 2022 compared to an inflow of Rs 14877.77 crore in January 2022. At the end of February 2022, the total AUM of equity-oriented funds was at Rs 12.94 lakh crore compared to Rs 13.37 lakh crore at the end of January 2022.

Debt dedicated fund for the said month saw net outflows to the tune of Rs 8,274.29 crore after witnessing an inflow of Rs 5087 crore in the preceding month. Liquid funds saw a major outflow in the month of February 2022.  

Hybrid category of funds saw their AUM decline of 0.69% in their AUM on a sequential basis in February 2022. Hybrid funds saw net inflows to the tune of Rs 3176.93 crore and within hybrid funds, it was Dynamic Asset Allocation/Balanced Advantage Fund that saw a major inflow to the tune of Rs 2117.99 crore. Passively managed funds such as ETF and index funds continue to attract investors in February 2022, it saw net inflows of Rs 16,521.36 crore compared to inflows of Rs 8860.97 crore in the month of January 2022.