Investors pump in over Rs 23,000 crore in mutual funds in February

Investors pumped in over Rs 23,000 crore into various mutual fund schemes in February, with liquid or money market segment contributing the most to the inflow.

With this, the total net inflow in the mutual fund (MF) schemes has reached Rs 2.07 lakh crore in the April-February period of the current fiscal. In comparison, MFs had witnessed an inflow of Rs 2.13 lakh crore in the year-ago period.

According to the data from the Association of Mutual Funds in India (AMFI), investors have poured in a net of Rs 23,028 crore in MF schemes last month as compared to Rs 22,569 crore in the preceding month. Prior to that, the mutual fund schemes had witnessed an outflow of Rs 22,567 crore.

The latest inflow has been mainly driven by contribution from income funds or debt schemes. Besides, the equity schemes continued to witness a positive inflow.

Liquid or money market segment has witnessed Rs 20,039 crore being poured in the last month while equity and equity linked schemes saw net inflows of Rs 2,522 crore. In addition, the balanced fund saw a net inflow of Rs 941 crore. Money market fund's portfolio comprised short-term (less than one year) securities representing high-quality, liquid debt and monetary instruments.

Overall, the asset base of the country's fund houses slipped to Rs 12.63 lakh crore last month from Rs 12.73 lakh crore in January.