Record high SIPs, new funds power 23% jump in February MF flows,  20 new funds raise over  Rs 11,000 crore

In a recent announcement by the Association of Mutual Funds in India (AMFI), the equity category witnessed a substantial surge in inflows during the month of February. The data revealed a noteworthy increase of 23.3%, with total inflows amounting to ₹26,866 crore.

Small-cap funds emerged as the frontrunners, securing a net inflow of Rs 2,922.4 crore, closely followed by mid-cap funds at Rs 1,808.2 crore. Large-cap funds also contributed significantly, trailing closely with a net inflow of Rs 921.14 crore.

Marking the 36th consecutive month of positive inflows since March 2021, equity funds have continued to attract investor interest. Notably, systematic investment plans (SIPs) reached an all-time high of Rs 19,186 crore in February, up from Rs 18,838 crore in January.

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