The net inflows in hybrid mutual funds surged by 256% on a monthly basis and stood at Rs 19,862.94 crore in April from Rs 5,583.62 crore in March, according to the monthly data released by AMFI. Out of 6 hybrid MF categories, five categories received inflows whereas one saw outflows. Here is the break-up.
iStock
The category received the highest inflows in April of Rs 13,901.25 crore against outflows of Rs 297.68 crore in March and contributed 70% to the total inflows in the hybrid category.
iStock
3/7
Multi-Asset Allocation Funds
These funds received total inflows of Rs 3,312.56 crore in April against inflows of Rs 2,681.46 crore in March. The category contributed 17% to the total inflows in the hybrid category.
IANS
4/7
Dynamic Asset Allocation/Balanced Advantage Funds
The category received total inflows of Rs 1,344.57 crore in April against inflows of Rs 1,732.59 crore in March. The category contributed 7% to the total inflows received in hybrid mutual funds.
Getty Images
The hybrid category received total inflows of Rs 1,295.43 crore in April against Rs 927.54 crore in March. The category also contributed 7% to the total inflows in the hybrid mutual fund category.
IANS
6/7
Balanced Hybrid Fund/Aggressive Hybrid Funds
The category received the lowest inflows of Rs 17.09 crore in April against Rs 535.97 in March. The category contributed 0.9% to the total inflow received in the hybrid category.
Getty Images
7/7
Conservative Hybrid Fund
This was the only category that witnessed outflows of Rs 7.97 crore in April against inflows of Rs 3.74 crore in March.