New Delhi, Dec 11 : Equity mutual funds witnessed a robust uptick in investor interest in November, with inflows surging 21 per cent from the previous month, data from the Association of Mutual Funds in India (AMFI) showed on Thursday.
According to the report, equity inflows in November stood at ₹29,911 crore, up from ₹24,690 crore in October. On a year on year basis, however, inflows were down 17 per cent compared to ₹35,943 crore recorded in November 2024.
Among the 11 equity fund categories, all except dividend yield and ELSS funds recorded net inflows. Flexi-cap funds continued to dominate investor preference, attracting ₹8,135 crore in November, slightly lower than October’s ₹8,928 crore, a 9 per cent monthly dip.
Large- and mid-cap funds emerged as the second-most popular categories, with inflows rising sharply to ₹4,503 crore, a 42 per cent increase over October. Mid-cap funds received ₹4,486 crore, while small-cap funds drew ₹4,406 crore.
Value and contra funds saw the highest monthly jump, with inflows surging 231 per cent to ₹1,219 crore from ₹368 crore in October. Multicap funds, however, registered a modest 2 per cent decline.
In other categories, money market funds led inflows with ₹11,104 crore, followed by ultra-short duration funds at ₹8,360 crore.
Mutual fund houses also ramped up equity purchases in November, investing a net ₹43,465 crore in equities more than double October’s ₹20,718 crore reflecting improving market sentiment. Market data indicated that fund houses were consistent buyers throughout the month, stepping back only briefly on two days when they withdrew ₹2,473 crore.