In February 2017, the assets of equity funds (including Equity Linked Savings Schemes or ELSS) crossed the milestone of Rs 5 lakh crore for the first time.The category witnessed MoM jump of 4.7 per cent.

This is the 11th consecutive month of net inflows. Retail participation in this category is high due to steady inflows through the Systematic Investment Plan (SIP) route. Equity AUM grew 46.6 per cent YoY(year on year) in February 2017 and reached Rs 5.2 lakh crore at the month-end.
In FY2017 so far, total inflow in this category has been Rs 62,151 crore. The category is poised to end the financial year on a high note because of attractive valuations and investors looking for equity tax saving options.