Overview
- Equity mutual funds garnered Rs 28,054 crore in December, a 6% month-on-month decline and 32% lower than a year earlier.
- SIP investments set a new monthly peak at Rs 31,002 crore, up from Rs 29,445 crore in November.
- Flexi-cap funds led equity categories with Rs 10,019 crore in inflows, marking their highest monthly tally on record.
- Gold ETFs drew Rs 11,647 crore, up sharply from Rs 3,742 crore in November, while sectoral fund inflows fell 49% to Rs 945 crore.
- Dividend yield funds saw Rs 254 crore in outflows and ELSS registered Rs 717 crore, as the mutual fund industry recorded overall net outflows of Rs 66,571 crore for December.