Mutual Fund SIP accounts at 8,98,66,962 in June 2024

Highlights AMFI Mutual Fund Industry Monthly Data for June 2024

Ø Mutual Fund Industry's Net AUM stands at ₹ 61,15,581.92 crores for the month of June 2024. AUM for the month of May 2024 was ₹ 58,91,160.48 crores.  

 

Ø The AAUM for June 2024 is ₹ 61,33,226.77 crores and for the month of May 2024 was  ₹ 58,59,951.39 crores.

 

Ø Mutual Fund Folios are at all-time high at  19,10,47,118 in June 2024

 

Ø Retail MF Folios (Equity + Hybrid + Solution Oriented Schemes) also at an all-time high at  15,32,56,488  for the month of June 2024 as compared to 14,89,54,824  for the month of May 2024.

 

Ø Retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at ₹ 36,32,226 crores for June 2024 with an Average AUM of ₹  35,69,980 crores.

 

Ø 40 months of positive equity inflows, starting from March 2021. Growth Equity fund inflows for the month of June is ₹ 40,608.19 crores

 

Ø Number of new SIPs registered in June 2024 stood at 55,12,962. 

 

Ø The SIP AUM is highest ever at ₹ 12,43,791.71 crores for the month of June 2024 compared to ₹ 11,52,801 crores for May 2024        

 

Ø SIP contribution stood at an all-time high of ₹ 21,262.22 crores in June 2024 as against ₹ 20,904.37 crores in May 2024.         

    

Ø The number of SIP accounts stood at highest ever at 8,98,66,962 in June 2024 as compared to 8,75,89,485 in May 2024

 

Ø A total of 17 schemes were launched in the month of June 2024, all in the category of open-ended schemes, raising a total of ₹ 15,227 crores.

 

 

 

Speaking on June 2024 monthly data, Mr. Venkat Chalasani, Chief Executive, AMFI said:

The mutual fund industry has demonstrated remarkable growth, becoming a cornerstone of financial stability and wealth creation for crores of investors. The industry continued to benefit from sustained flows into equity-oriented mutual funds, hybrid funds and passive funds. Equity fund inflows stood at a record high of Rs 40,608 crore, while SIP inflows touched a new high of Rs 21,262 crore.

This expansion reflects the industry's unwavering commitment to investor education, strong distribution, and digital innovation. As we continue to adapt and evolve in a dynamic market environment, we remain dedicated to fostering financial well-being for all our stakeholders.

    

 

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