Investors cautious in the stock market, investment in equity mutual funds decreased by 68 percent in April

Mutual Funds Investment: In April, the first month of the new financial year 2023-23, there has been a huge decrease in the investment of investors in equity mutual funds. There has been a decline of 68 per cent in investment in April and it has come down to Rs 6480 crore. There has also been a slight decrease in the investment made through SIP in the month of April. However, according to AMFI data, investment in small-cap and mid-cap has increased.

According to AMFI, Rs 1.21 lakh crore has been invested in mutual funds in the month of April. In which the maximum investment of Rs 1.06 lakh crore has come in the debt scheme, while an outflow of Rs 19,263 crore was seen in March. At the end of April, the asset under management of mutual funds has reached Rs 41.62 lakh crore, which was Rs 39.42 lakh crore in March.

According to the data, an investment of Rs 6480 crore has come in equity mutual funds in April while an investment of Rs 20,534 crore came in March. Fund collection through SIP has come down to Rs 13,727 crore, which was Rs 14,276 crore in March 2023. Amfi CEO NS Venkatesh says that SIP investment can be better and by the end of this financial year, the investment coming through it can reach Rs 17000 to 18000 crores.

Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC said that the inflow in April has been less than in the month of March. Due to the boom in the stock market, now investors have become a bit cautious. In fact, since March 2021, continuous investment in equity schemes was seeing a boom. From July 2020 to February 2021, investors were busy withdrawing their investments. Liquid funds have seen the highest investment of Rs 63219 crore, followed by money market funds with Rs 13961 crore and ultrashort duration funds with Rs 10,663 crore.

read this also

LPG Price Rise: The public is upset due to the inflation of LPG! Is becoming the biggest election issue now?