Equity mutual funds saw strong investor interest in June as inflows rose 26% to ₹28,973 crore compared with ₹22,907 crore in May. Data from the Association of Mutual Funds in India showed midcap schemes leading with ₹6,090 crore, reflecting rising confidence in medium‑sized companies. Smallcap funds followed with ₹5,601 crore while flexicap funds recorded ₹5,231 crore. Large‑cap funds also improved, drawing ₹2,067 crore against ₹1,592 crore in May. Sectoral and thematic funds witnessed a sharp 127% rise to ₹1,469 crore, highlighting investor appetite for focused themes.
Dividend yield funds and equity linked savings schemes continued to see outflows of ₹49 crore and ₹633 crore respectively, suggesting limited interest in dividend and tax‑saving categories.
The overall mutual fund industry assets under management climbed to ₹82.22 lakh crore in June from ₹81.58 lakh crore in May. Hybrid funds registered inflows of ₹12,893 crore compared with ₹10,560 crore earlier. Gold exchange traded funds reversed previous weakness with inflows of ₹3,443 crore after outflows of ₹725 crore in May. Debt funds, however, faced heavy withdrawals of ₹1.09 lakh crore, led by liquid funds losing ₹42,293 crore.
The trend indicates investors are favouring growth‑oriented mid and small caps along with diversified flexicap strategies while reducing exposure to conservative categories.
