DEC-24 AUM TAPERS AS EQUITY MARKETS SELL OFF
In December 2024, debt funds faced significant net outflows of ₹(1,27,153) Crore due to corporate redemptions for tax dues, while active equity funds saw inflows of ₹41,156 Crore, marking the second highest monthly inflow this fiscal year. Overall mutual fund flows were negative at ₹(80,355) Crore. SIP flows remained strong at ₹26,459 Crore, indicating continued retail interest in equity markets. New fund offerings (NFOs) totaled ₹13,852 Crore, primarily in passive and sectoral funds. Despite the challenges in debt funds, equity and hybrid funds showed resilience, with thematic funds attracting significant investments.