Subdued equity market slows mutual fund penetration, shows data

Mutual funds fail to carry high growth momentum of FY22 due to changed market conditions

Mutual funds, sebi, investors, MF, equity, sensex, market, funds, shares, stocks, FDI, FPI, investment, growth

Premium

For the industry, the slowdown has not come as a surprise given the change in the equity market movement, from a strong rally in the first half of FY 2022 to a range-bound market this year

Abhishek Kumar Mumbai

3 min read Last Updated : Oct 31 2022 | 11:13 PM IST

After registering a strong retail business growth in the last financial year, the mutual fund industry is witnessing a slowdown.

New investor addition and net SIP account registrations are down 30-40 per cent year-on-year (YoY) in the first half of the financial year. Growth in SIP inflows is also not as steep as the year before.

In the first half of this financial year, the industry has added 2.4 million investors compared to 4 million during the same period a year ago, according to data from the Association of Mutual Funds in India (Amfi).

Net SIP account addition is also

Topics : SEBI Stock Market Equity markets Mutual Funds Investment SIPs Sebi norms Markets Sensex Nifty BSE NSE Indian Mutual Fund Industry SIP investment share market Mutual fund equity assets stock market trading MF investors

What you get on BS Premium?

Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
Pick your 5 favourite companies, get a daily email with all news updates on them.
Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
Preferential invites to Business Standard events.
Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.

VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in