Edelweiss Fund Insight: March 2010

Fund flows remain positive for the second consecutive monthAfter turning positive last month, flows into equityschemes stayed green in February as well.Redemptions in equity schemes have come downsignificantly.2,040Components of equity AUM change18.50 (10.50)Mutual funds saw an inflow of INR 18.50 bn (net ofNFOs + existing schemes – redemptions) inFebruary.INR bn2,0002,0082,016Redemptions were at INR 36.36 bn during themonth against INR 71 bn in January.Equity AUM rose by ~INR 8 bn in February. Of thecomponents of equity AUM change, net flows wereat INR 18.50 bn (inflow), while capital under Equity NFOsinvestment fell by ~INR 10.50 bn.After a rather active January, NFOs remaineddormant in February.61,960AUM as on 31-Jan-10(INR bn)Net InflowTotalamountCapitalAppreciationNo ofissuesJan-10 15.90 3Dec-09 0.01 1Nov-09 2.30 1Oct-09 0.00 0Sep-09 9.12 6Aug-09 0.82 3Jul-09 23.94 2Jun-09 0.00 1May-09 8.13 2Apr-09 0.04 1Mar-09 0.50 1Feb-09 0.02 1Jan-09 0.04 2Source: AMFIAUM as on 26-Feb-10