Equity schemes received ₹ 25,977 crore, 8% higher than inflows in the previous month. Monthly Systematic Investment Plans (SIPs) shares fell to Rs 29,845 crore in February from January.
“The increase in flows is a clear signal that investors are increasingly looking at long-term and past short-term volatility,” said Varun Gupta, CEO of Grove Mutual Fund.
Gold ETFs recorded net inflows of ₹ 5,255 crore during the month, a 78% decline from ₹ 24,040 crore in January. Silver ETFs registered outflows of ₹ 826 crore in February after inflows of ₹ 9,463 crore last month.
A sharp rise in gold and silver prices prompted investors to take some profits off the table, resulting in lower inflows in gold and outflows in silver, analysts said.
Total assets under management of mutual funds stood at Rs 81.77 lakh crore in February, compared to Rs 80.76 lakh crore in the previous month.
InstitutionsA sharp rise in gold, silver prices is prompting investors to take some profits off the table
Loan schemes
Debt funds witnessed net inflows of around ₹ 42,106 billion, driven mainly by the liquid and money market categories.
“February’s debt fund inflows indicate a cautious investor attitude, with positions centered around liquidity, liquidity and capital stability,” said Nihal Meshram, senior analyst – managing director of Morningstar Investments.
Equity schemes
Among equity schemes, flexi-cap funds attracted the highest inflows of ₹ 6,924 crore in February, but the category saw a 10% decline in monthly inflows compared to ₹ 7,672 crore in January. Large-cap, mid-cap and small-cap funds have seen a significant increase in flows.
In contrast, the dividend yields of flowing and concentrated funds fell by 56% and 42%, respectively.
Among hybrids, mutual funds saw an 82% decline in inflows in February to ₹591 crore from ₹3,293 crore in the previous month.
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