Mutual funds' share in household savings jump 150% in FY22: RBI data

Retail investments in MF rise as flows into bank deposits drop

Mutual funds (MFs) recorded a 150 per cent jump in gross inflows from retail investors during 2021-22 (FY22), even as overall household savings declined 19 per cent year-on-year.

In FY22, domestic MFs received Rs 1.6 trillion gross inflows from households, revealed data released by the Reserve Bank of India (RBI).

Given that households saved a total of Rs 25 trillion in the last financial year, the share of MFs in total gross savings stood at 6.3 per cent — the highest in four financial years. In fact, gross inflows into MFs were the highest in at least a decade.

Experts