Sunday 21 April 2019

Mutual Fund Trends March 2019

The value of assets held by individual investors in mutual funds increased from Rs.11.66 lakh cr in March 2018 to Rs.13.54 lakh cr in March 2019, an absolute increase of 16.08%.


(1) In March 2019, 23% of assets held by individual investors is from the B30 locations. 6% of institutional assets come from B30 locations. Institutional assets are concentrated in T30 locations, accounting for 94% of the total.

(2) The proportion of direct investments in equity, to the total assets held by individual investors, was about 8% in March 2019.Only 12% of the Individual Investor money in Equity Mutual Fund comes through the direct route out of that 10% comes through the direct route in T30 cities.

(3) Interesting to see – Manipur, Nagaland, Arunachal Pradesh, Andaman and Nicobar, Tripura, Sikkim, Mizoram and other smaller states slowly getting penetrated but are still miniscule ranging from 300-1200 crores.

(4) Indian Mutual Funds have currently about 2.62 crore (26.2 million) SIP accounts through which investors regularly invest in Indian Mutual Fund schemes.
AMFI data shows that the MF industry had added about 9.13 lacs SIP accounts each month on an average during the FY 2018-19, with an average SIP size of about ₹3,070 per SIP account.

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