In the month of August, mutual funds in India witnessed a surge in equity inflows, according to a report from AMFI. The net inflow was to the tune of Rs. 20,161 crores. This, compared to the previous month of July, is a much higher inflow.
Make use of a mutual fund return calculator to understand how you should invest and what your strategy should be. So, let’s look at the details of this news bite.
Firstly, the surge in equity mutual funds indicates the investor’s confidence in the stock market. While equity mutual funds may have seen an inflow, debt mutual funds have witnessed an outflow to the tune of Rs. 25, 872 crores.
Let’s take a look at which categories of funds did well.
Small-cap, mid-cap, and multi-cap funds have witnessed strong inflows while large-cap funds have witnessed strong outflows. Dividend yield funds have resulted in net inflows as investors seek to grow their income through earning dividends. Value and Contra funds also have witnessed a rise in inflows, which indicates a new preference for investors. Hybrid and ETFs witnessed an inflow while liquid funds saw an outflow. Sectoral and thematic funds have also seen good input from people.
So, if you are looking to invest this season, get out your mutual fund return calculator and talk to a mutual fund agent for the purpose of investing. You will be in safe hands if you invest via a mutual fund agent like us.
Note that according to this data, large-cap funds, focused funds, and ELSS were among those that saw large outflows. As can be seen, the preferences of mutual fund investors can be understood through this data.
NS Venkatesh the CEO of AMFI in a comment said that the success of hosting the G20 summit this year has produced positive sentiment across the globe regarding the Indian economy. Hence, the overall outlook for the mutual fund industry continues to be positive. The industry is trying very hard to reach INR 100 lakh crore in AUM over the next couple of years and is close to the mark.
So, whip out your mutual fund return calculators and decide if you want to get started with investing.
What should your plan be regarding the investment in mutual funds then given this scenario? You should reach out to a mutual fund agent to help you navigate this scene.
A mutual fund return calculator can help you to prepare and invest wisely in this case.
