28-November-2022
Markets and Finance
 
Lumpsum flows into equity mutual funds hit a new low; debt inflows await interest rate peak
24-Nov-2022

The lumpsum gross inflows into the equity mutual funds, excluding NFOs, stood at Rs 179 billion in October 2022 – the lowest since November 2020, said the latest Mutual Fund Report by Motilal Oswal Financial Services. However, SIP inflows have been touching new highs, with flows at Rs 130b in October 2022. SIP closures have remained in the 1-1.1m range for the past nine months. The report indicates that the slowdown in lumpsum investments has been on account of large HNIs waiting for a better entry point as the equity market is close to a new high, weakness in flows from lower-end customers in rural areas, and reduced NFO activity by large AMCs in the equity segment.The lumpsum gross inflows into the equity mutual funds, excluding NFOs, stood at Rs 179 billion in October 2022 – the lowest since November 2020, said the latest Mutual Fund Report by Motilal Oswal Financial Services. However, SIP inflows have been touching new highs, with flows at Rs 130b in October 2022. SIP closures have remained in the 1-1.1m range for the past nine months. The report indicates that the slowdown in lumpsum investments has been on account of large HNIs waiting for a better entry point as the equity market is close to a new high, weakness in flows from lower-end customers in rural areas, and reduced NFO activity by large AMCs in the equity segment.

News Source:- https://economictimes.indiatimes.com/mf/mf-news/lumpsum-flows-into-equity-mutual-funds-hit-a-new-low-debt-inflows-await-interest-rate-peak/articleshow/95729743.cms