The net inflow of funds to the mutual fund in the second quarter of 2022 was the highest in history and amounted to 358.6 billion rubles. At the same time, the structure of the indicator has changed significantly – it was fully provided with the issuance of ZPIF shares with a net outflow of funds from OPIF and BPIF, according to the materials of the Bank of Russia.
The inflow of funds was provided by the ZPIF. More than half of the volume of disbursements was provided by one fund, the shareholder of which is a legal entity. At the same time, there is an increase in the popularity of this segment of mutual funds among individuals: in April–June, the number of individual shareholders in this segment increased by almost 10 thousand.
At the same time, the interest of Russian investors in retail mutual funds has decreased. Net cumulative outflow of funds from OPIF and BPIF increased almost 7 times in the quarter. The Central Bank explains such dynamics by maintaining the negative yield of mutual funds, a shift in the structure of the population's demand for financial assets in favor of deposits, a decrease in interest in mutual funds, whose assets include foreign securities.
