HDFC Flexi Cap Fund among 8 equity mutual funds that saw inflows of over Rs 1,000 crore in May
Around eight equity mutual funds received over Rs 1,000 crore inflows in May. There were 742 equity and equity oriented funds, of which 475 funds received inflows. Here is the detailed breakup, according to the data by ACE MF.
HDFC Mid Cap Fund, the largest mid cap fund based on assets managed, received the highest inflow of Rs 2,605 crore on a monthly basis taking the total AUM to Rs 97,350 crore in May compared to an AUM of Rs 94,744 crore in April.
Kotak Arbitrage Fund received an inflow of Rs 2,127 crore on a monthly basis taking the total AUM to Rs 72,079 crore in May compared to an AUM of Rs 69,951 crore in April.
Nippon India Small Cap Fund and Bandhan Small Cap Fund received an inflow of Rs 1,931 crore and Rs 1,873 crore respectively in May. Nippon India Small Cap Fund is the largest small cap fund based on assets managed and had an AUM of Rs 74,604 crore.
Nippon India Growth Mid Cap Fund received an inflow of Rs 1,595 crore on a monthly basis taking the total AUM to Rs 47,415 crore in May compared to an AUM of Rs 45,820 crore in April.
Quant Small Cap Fund received an inflow of Rs 1,400 crore on a monthly basis taking the total AUM to Rs 31,773 crore in May compared to an AUM of Rs 30,373 crore in April.
HDFC Flexi Cap Fund, a flexi cap fund, received an inflow of Rs 1,342 crore on a monthly basis taking the total AUM to Rs 1.01 lakh crore in May compared to an AUM of Rs 1 lakh crore in April.
Kotak Midcap Fund received an inflow of Rs 1,209 crore on a monthly basis taking the total AUM to Rs 64,749 crore in May compared to an AUM of Rs 63,539 crore in April.
The other 467 funds received inflows ranging between Rs 0.02 crore to Rs 998 crore in the month of May.
