HDFC, SBI Mutual Funds Among 5 AMCs Register Over ₹10,000 Crore Inflows from Top 30 Cities in February

HDFC Mutual Fund and SBI Mutual Fund, along with three other asset management companies, reported significant inflows from top 30 cities in India this February.  

These inflows exceeded ₹10,000 crore, marking a notable increase in their monthly average assets under management (AAUM). 

Significant Inflows for Leading AMCs 

As per Prime Database report, ICICI Prudential Mutual Fund led the pack, registering the highest inflow of ₹15,921 crore for the month. Consequently, its monthly AAUM increased to ₹9,53,000 crore in February from ₹9,37,000 crore in January, marking a growth of 1.7%. 

HDFC and SBI Mutual Funds Performance 

HDFC Mutual Fund also saw positive traction with an inflow of ₹15,097 crore, boosting its AAUM from ₹7,51,000 crore in January to ₹7,66,000 crore in February, showing a 2.01% growth. 

SBI Mutual Fund followed closely with ₹14,653 crore in inflows. This resulted in its AAUM rising to ₹9,83,000 crore in February from ₹9,68,000 crore in January, reflecting a 1.51% increase. 

Kotak and Nippon India Mutual Funds 

Kotak Mutual Fund achieved an inflow of ₹13,422 crore, raising its AAUM to ₹5,20,000 crore in February from ₹5,07,000 crore in January, representing a growth of 2.65%. 

Meanwhile, Nippon India Mutual Fund reported an inflow of ₹13,101 crore. The AAUM grew from ₹5,76,000 crore in January to ₹5,89,000 crore in February, equating to a 2.27% increase. 

Read More: Choice Mutual Fund Launches Nifty 50 And Nifty Next 50 Index Funds! 

Other Asset Management Companies 

Among the remaining 46 AMCs, 38 reported inflows ranging from ₹4.33 crore to ₹7,440 crore, while 8 AMCs faced outflows between ₹6.02 crore and ₹470 crore. These figures highlight a diverse pattern of growth and challenges across the industry. 

Conclusion 

The significant inflows observed by HDFC, SBI, and other AMCs from the top 30 cities underscore their popularity and strong market position. This surge in monthly AAUM reflects positively on these firms’ management strategies and market confidence. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.