Mutual Fund Trends: June 2024

The mutual fund AUM for June surpassed र60 lakh Cr.

• The industry AUM grew at CAGR 22.73% since March 2021


• Source AMFI Monthly Data.


• Fund of Funds Domestic is included in the respective underlying schemes.

Equity schemes saw the highest ever monthly net inflows of र40,573 Cr. in June

Source: AMFI

Of the total net inflows in sectoral/ thematic category, र12,974 Cr. have come from NFOs in June 2024

Source: AMFI

Sectoral/ thematic funds garnered more than 50% of the equity-oriented category

A rise of 16.33% in net sales against the previous month

Source: AMFI

Hybrid category inching towards र10 lakh Cr. AUM; current AUM at र8.6 lakh Cr.

Source: AMFI

Multi Asset Allocation category witnessed a net sales of र3453 Cr. with an AUM contribution of 9.74% to total hybrid category in June 2024

Source: AMFI

Active funds AUM grew by CAGR 19.75% while passive funds grew by CAGR 43.84% since March 2021

Source: AMFI

ETF AUM observed 38.80% of growth since June 2023

Source: AMFI

Contribution of net sales to total assets by ETFs

Source: AMFI

Passive funds saw an uptick in net sales by 14.58% over May 2024

Source: AMFI

Contribution of net sales to total assets by passive funds

Source: AMFI

Cash AUM saw a dip in June 2024

Source: AMFI

Cash category analysis for June 2024

Source: AMFI

Debt AUM continues to be below र10 lakh Cr. post March 2021

Source: AMFI

Money market category observed positive net inflows of र9,590 Cr.

Source: AMFI

Retail segment grew by CAGR 30.35% whereas HNI segment grew by CAGR 24.41% since March 2021

Source: AMFI

Retail and HNI customers continue to dominate equity & hybrid asset class Debt & liquid is dominated by corporates and HNIs

Source: AMFI

Regular investors AAUM has grown 1.92x & direct investors AAUM has grown 1.88x since March 2021

Source: AMFI

AAUM of investors in top 30 cities have grown 1.86x and other than top 30 cities grew by 2.12x since March 2021

Source: AMFI

Top states - average AUM analysis

Source: AMFI

र21,262 Cr. collected through SIP in June 2024

Source: AMFI

In FY25 total NFO schemes have mobilized over र26,899 Cr.

Source: AMFI

Scheme to asset class master

Source: AMFI

Source: AMFI

Data as on June 30, 2024

Past performance may or may not be sustained in the future.

We have relied on third party data or information which, we believe to be correct but, we do not offer any assurance as to the accuracy or the correctness of the same and would not accept any liability for any loss or damage arising directly or indirectly from action taken, or not taken, in reliance on material or information contained herein. The recipient is advised to consult its financial advisor/ tax consultant prior to arriving at any investment decision. This communication is meant for use by the recipient and not for circulation/reproduction without prior approval. The views expressed are based on current market conditions and information available to them and do not constitute investment advice in any manner whatsoever to any party. These views alone are not sufficient and should not be used for the development or implementation of an investment strategy. All opinions and estimates included here constitute our view as of this date and are subject to change without notice.

Neither Axis Mutual Fund, Axis Mutual Fund Trustee Limited nor Axis Asset Management Company Limited, its Directors or associates shall be liable for any damages including lost revenue or lost profits that may arise from the use of the information contained herein. No representation or warranty is made as to the accuracy, completeness or fairness of the information and opinions contained herein. The AMC reserves the right to make modifications and alterations to this statement as may be required from time to time. The information is provided for general information only.

Statutory Details: Axis Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Axis Bank Ltd. (liability restricted to Rs. 1 Lakh). Trustee: Axis Mutual Fund Trustee Ltd. Investment Manager: Axis Asset Management Co. Ltd. (the AMC). Risk Factors: Axis Bank Limited is not liable or responsible for any loss or shortfall resulting from the operation of the scheme.