Equity MF inflow surges 26% to `28,973-cr in June

PTI

New Delhi

Equity-oriented mutual fund schemes attracted ₹28,973 crore in June, a sharp surge of 26.5% from the preceding month, driven by easing geopolitical tensions, expectations of supportive domestic macroeconomic conditions, and strong retail participation.

With this, net inflow into equity schemes reached ₹1.81 lakh crore in the first half of 2026, up 12% from the ₹1.61 lakh crore garnered in the same period of 2025. Monthly systematic investment plan (SIP) contributions rose to ₹31,781 crore during the month under review, up from ₹30,954 crore in May, according to data released by the Association of Mutual Funds in India (Amfi) on Friday.

Overall, the mutual fund industry's net outflow narrowed to ₹52,949 crore in June from an outflow of ₹64,131 crore in the preceding month. Consequently, the industry's asset base rose to ₹82.22 lakh crore at the end of June from ₹81.6 lakh crore a month earlier. Net inflows into equity schemes in May stood at ₹22,908 crore, which was the lowest level in a year.

Nehal Meshram, a senior analyst at Morningstar Investment Research India, said improved market sentiment, supportive macroeconomic conditions, and continued strength in retail participation helped support flows.  Inflows in equities stood at ₹38,440 crore in April, ₹40,450 crore in March, ₹25,978 crore in February, and ₹24,028 crore in January.