AMFI data: Inflows into equity mutual funds hit ₹17,000 crore in December 2023, showing 9% jump

Equity mutual funds saw an inflow of nearly ₹17,000 crore in the month of December, revealed the data released by the Association of Mutual Funds in India (AMFI) on Monday.

Out of the total equity inflow, nearly ₹3,857 crore was into small-cap mutual funds vis-a-vis ₹3,699 crore in the previous month.

At the same time, mid-cap funds saw a fall from ₹2,665 crore in November to a nearly half figure of ₹1,393 crore in December.

Multi-cap funds saw an inflow of ₹1,851 crore in December, while large-cap funds witnessed an outflow of ₹280.9 crore.

The systematic investment plan (SIP) figure saw an inflow of ₹17,610 crore in December, AMFI data revealed.

Hybrid mutual funds saw an inflow of ₹15,009 crore, out of which, arbitrage funds saw an inflow of ₹10,645 crore, and equity savings saw an inflow of ₹1,080 crore and multi asset allocation saw an inflow of ₹2,420 crore.

Index funds saw an inflow of ₹703 crore and other ETFs witnessed an inflow of ₹200 crore while gold ETFs received ₹88 crore.