Mutual Fund Flows - December 2024
Financial Report
The Mutual Fund industry’s average AUM reached a record ₹69.33 Lakh Cr in December, rising by 1.88% despite net outflows of ₹80,355 Cr, closing CY 2024 with a robust 35.70% AUM growth.
Equity-oriented schemes garnered ₹41,156 Cr in December, marking the second-highest monthly inflow ever and extending the streak of positive inflows to 46 months, the longest on record.
Sector/Thematic funds more than doubled their inflows to ₹15,332 Cr from ₹7,658 Cr, with all equity categories reporting positive net inflows for the third consecutive month in CY 2024.
SIP inflows reached an all-time high, surpassing ₹26,000 Cr for the first time and touching ₹26,459 Cr in December, up from ₹25,320 Cr in November.
Debt mutual funds witnessed a significant outflow of ₹1.27 Lakh Cr in December, reversing November’s inflows of ₹12,916 Cr, with liquid funds leading the outflows at ₹66,532 Cr.
CY 2024 ended on a positive note for debt funds, with a 22% rise in average AUM, reaching ₹16.98 Lakh Cr compared to ₹13.92 Lakh Cr in the previous year.
For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for December, 2024.