Despite a strong month for Nifty 50 index, October saw subdued inflows into equity mutual funds, as AMFI’s latest data showed that net inflows into equity schemes declined to Rs 24,690 crore, down about 19 percent on-month from Rs 30,422 crore in September.

The total mutual fund industry AUM rose to Rs 79.87 lakh crore, up from Rs 75.61 lakh crore in September, while equity AUM climbed to Rs 35.16 lakh crore.

Key Takeaways

Equity Flows Moderate

While the inflows remained positive, investor caution was evident. Rohit Sarin, Co-founder, Client Associates, a multi-family office firm, said that while equity inflows moderated slightly over the previous month, they remain resilient across flexi-cap, mid-cap, and thematic categories, underscoring conviction in India’s long-term growth story.

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