Highlights AMFI Mutual Fund Industry for FY’23

 Mutual Fund Industry Net AUM was INR 39,42,031 crores, while AAUM was INR 40,04,638 crores.
 Retail AUM (Equity + Hybrid + Solution Oriented Schemes) stood at INR  20,34,533 crores for March 2023, with an Average AUM of INR 20,45,632 crores.
 The number of retail scheme folios (Equity + Hybrid + Solution Oriented Schemes) were 11,64,81,361
 SIP contribution stood at INR 14,276.06 crores.
 Mutual Fund Folios reached an all-time high of 14,57,30,600 with Retail MF Folios also at an all-time high.
 The number of SIP accounts stood at 6,35,99,116 for March 2023 compared to 6,28,26,035 in February 23.
 The SIP AUM was INR 6,83,296.24 crores for March 2023, compared to INR 6,74,414.92 crores in February.
 Net inflow of ₹20,190 crores in Equity oriented funds in March 2023.
 The number of new SIPs registered in March 2023 were 21,65,516
 B 30 city’s SIP AUM in Growth and Equity oriented schemes witnessed an increase of INR 1,98,598.54 crores in March 2023 from INR 1,95,992.12 crores in February 2023
 A total of 43 schemes were launched, including 22 open-ended and 21 close-ended schemes, raising a total of INR 8,496 crores.
 SIP account saw a phenomenal jump in covid year of March 2021-22
Financial Year Month Total No. of Outstanding SIP Accounts-lakhs SIP Monthly Contribution
for the month SIP Gross Inflows for the Year

SIP AUM (₹ crores)
2017-18 Mar-18 211.46 ₹7,119 crores ₹67,190 crores ₹1,98,738 crores
2018-19 Mar-19 262.25 ₹8,055 crores ₹92,693 crores ₹2,66,815 crores
2019-20 Mar-20 311.97 ₹8,641 crores ₹1,00,084 crores ₹2,39,886 crores
2020-21 Mar-21 372.54 ₹9,182 crores ₹96,080 crores ₹4,27,916 crores
2021-22 Mar-22 527.73 ₹12,328 crores ₹1,24,566 crores ₹5,76,358 crores
2022-23 Mar-23 635.99 ₹14,276 crores ₹1,55,972 crores ₹6,83,296 crores

Sharing his views, N S Venkatesh, Chief Executive, AMFI said: “India and its growing investor base, continues to put faith in the Equity markets via the mutual funds route. Equity oriented Mutual Funds registered a net inflow of over ₹200,000 crores in FY2022-23. SIP inflows continue to soar, breaking the record on a month-on-month basis – it would not be an overkill to say that the retail investor is the hero of the markets. The spike in investors witnessed in the post pandemic period, despite the volatility due to global geo-political reasons and inflation, is also a cue to resilient investor behaviour.

Addressing the clutch of questions around debt funds, N S Venkatesh added that, “Investors should look at debt funds beyond tax efficiency, these funds also provide investors with real-time liquidity enabling the investor to withdraw money within a day. In the long term the debt fund offers the benefit of interest rate movements. Investors must look at a balanced portfolio with debt funds in their kitty”.

Data on Women Investors

• Number of Women investors basis PAN in las 3 years has increased from 46,98,953 in Dec 2019 to 74,49,306 to Dec 2022. Jumped 27,50,353 since Dec 2019
• During Covid years there was a sharp rise in women investors in both T30 and B30 cities.
• Women investors basis T30 cities have grown from Dec 2019 from 27,94,094 to 41,66,737 in Dec 2022. This is an increase of 13,72,643 in last 3 years.
• Under the B30 cities women investors have joined MF investments from 19,04,859 in 2019 to  32,82,569 in 2022 Dec. The jump is of 13,77,710.
• There is a visible positive spike in the women investor numbers in B30 cities from 20,51,424 in Dec 2020 to 31,23,672 in Dec 21
• Similarly, in T30 cities the hike in women investors increased from 32.60.838 in Dec 2021 to 41.66,737 in Dec 2022
• Women investors under the age group of 18-24 years have seen consistent rise from 66,417 in Dec 2019 to 2,81,905 in Dec 2022
• Sharp hike is witnessed under the age of 25to 35 years form  8,59,500 in Dec 2019 to 19,99,449 in Dec 2022 number of investors
• Unique investors participation jumped from March 2021 to March 2022 by 1,09,03,909 unique investors