Mutual SIP Investment at an all-time high ₹ 25,322.74 crores in October 2024 - Yaseen Sahar, Financial Expert


 

 

-      Yaseen Sahar, Financial Expert

 

Highlights AMFI Indian Mutual

Fund Industry Monthly Data for October 2024

 

Ø Mutual Fund Industry's Net AUM stands at ₹ 67,25,614.61  crores for the month of October 2024. AUM for the month of Sept 2024 ₹ 67,09,259.24 crores

 

Folios are at all-time high..!


Ø The AAUM for Oct 2024 is ₹  68,50,321.44 crores and for the month of September 2024 was ₹ 68,00,485.75 crores

Ø Mutual Fund Folios are at all-time high at 21,65,02,804 in Oct 2024  

Ø Retail MF Folios (Equity + Hybrid + Solution Oriented Schemes) also at an all-time high at  17,23,52,296  for the month of Oct 2024 as compared to 16,81,61,366  for the month of Sept 2024.

Ø Retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at ₹ 39,18,611  crores for Oct 2024 as compared to an AUM of ₹ 40,44,098 crores in Sept 2024.

Ø 44th month of positive equity inflows, starting from March 2021.     

Ø Growth/Equity Oriented schemes inflows for the month of Oct is ₹  41,886.69 crores

Ø Number of new SIPs registered in Oct 2024 stood at 63,69,919

Ø The SIP AUM is at ₹  13,30,429.83  crores for the month of October 2024.


 SIP contribution stood at an all-time high..!


Ø SIP contribution stood at an all-time high of ₹ 25,322.74 crores in Oct 2024 as against ₹ 24,508.73 crores in Sept 2024.         

Ø The number of SIP accounts stood at highest ever at 10,12,34,212 in Oct 2024 as compared to 9,87,44,171 in Sept 2024

Ø A total of 29 schemes were launched in the month of October 2024, all in the category of open-ended schemes, raising a total of ₹ 6,078 crores.    

 

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

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