MF equity AUM surpasses debt in March amid sharp rebound in market

In March 2022, equity AUM for the industry stood at Rs 13.65 trillion higher than debt AUM of Rs 12.98 trillion, reveals data.

A sharp rebound in the market from Covid-19 lows and sustained investor flows into equity-oriented schemes have altered the asset mix for the Rs 38-trillion mutual fund (MF) industry.

In March, the assets under management (AUM) for the equity segment surpassed debt for the first time ever. To be sure, the format for reporting AUM was changed in 2019. However, the current equity mix has been the healthiest it has ever been. Equity assets are even higher, if one adds hybrid MF schemes, which predominantly deploy in stocks.

In March 2022, equity AUM for the industry stood at Rs 13.65 trillion higher