Mutual Funds See ₹66,591 Crore Outflow in December, Safest Investments Hit

• Indian mutual fund industry experienced a net outflow of ₹66,591 crore in December, despite new investments of ₹14.66 lakh crore.
• Investor confidence wavered due to the stock market's lack of strength, leading to higher redemptions than inflows.
• Debt-based funds, including liquid funds and money market funds, saw significant withdrawals, totaling approximately ₹1.32 lakh crore.
• SIP investments surged to a record ₹31,002 crore, with 26.40 lakh new SIP accounts added, indicating strong retail investor commitment.
• Equity funds, especially Flexi-cap, Mid-cap, and Small-cap, attracted substantial inflows, alongside hybrid funds and Gold ETFs.

Why It Matters: Despite overall outflows, retail investors continue strong SIPs and equity investments, showing long-term confidence.