Mutual Fund Retail Investor Folios at an all-time high at 16.82 Crore for the month of September 2024

By Mr. Yaseen Sahar, Financial Expert

Mutual Fund Retail Investor Folios at an all-time high at 16.82 Crore for the month of September 2024

 

Highlights AMFI Mutual Fund Industry Monthly Data for September 2024

 

Ø Mutual Fund Industry's Net AUM ((Assets under Management)) stands at ₹67,09,259.24 crores for the month of September 2024. AUM for the month of August 2024 was ₹ 66,70,305.14 crores

 

Ø The AAUM for Sept 2024 is ₹ 68,00,485.75 crores and for the month of Aug 2024 was ₹ 66,04,057.21 crores

Ø Mutual Fund Folios are at all-time high at 21,05,15,684 in September 2024

 

Ø Retail investor MF Folios (Equity + Hybrid + Solution Oriented Schemes) also at an all-time high at 16,81,61,366 for the month of September 2024 as compared to 16,35,50,846 for the month of August 2024.

 

Ø Retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at ₹ 40,44,098 crores for September 2024 as compared to an AUM of ₹ 39,27,594 crores in August 2024.

Ø 43rd month of positive equity inflows, starting from March 2021.     

Ø Growth/Equity Oriented schemes inflows for the month of September is ₹ 34,419.26 crores

Ø Number of new SIPs registered in September 2024 stood at 66,38,857

Ø The SIP AUM is highest ever at ₹ 13,81,703.94 crores for the month of September 2024 compared to ₹ 13,38,944.73 crores for the month of August 2024

 

Ø SIP contribution stood at an all-time high of ₹ 24,508.73 crores in September 2024 as against ₹ 23,547.34 crores in August 2024.         

    

Ø The number of SIP accounts stood at highest ever at 9,87,44,171 in September 2024 as compared to 9,61,36,329 in August 2024

 

Ø A total of 27 schemes were launched in the month of Sept 2024, all in the category of open-ended scheme, raising a total of ₹ 14,575 crores.    

 

Mr. Yaseen Sahar has been reached at rahas84@gmail.com and 98433 13512

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