Mutual Fund Industry Crosses The Historic – Rs 50 Trillion Mark
Highlights:
- 2023 was an eventful year as the mutual fund industry crossed Rs. 50 trillion mark for the first time.
- CY2023 was also when the MF industry witnessed the highest-ever AUM growth in value. The sector witnessed an AUM growth of Rs. 10 lakh crore annually. This growth in AUM is even higher than the growth between 2020 and 2021.
Source: AMFI, Fisdom Research.
Industry Net Flows
Equity Inflows Dominate in 2023, Debt inflows negative
Source: AMFI, Fisdom Research.
Equity Category: Net Flows
Mid and Small caps outshine
Source: AMFI, Fisdom Research.
Factors Behind Robust Small & Midcap Rally
Source: ACE MF, DSP Mutual Fund Presentation, ICICI AMC, Fisdom Research