连续两个季度站稳32万亿元 公募基金3月份规模数据出炉

Core Insights - The total scale of public funds in China reached 32.22 trillion yuan as of the end of March 2025, maintaining above the 32 trillion yuan mark for two consecutive months [2][3][6] - The public fund scale decreased by 9.804 billion yuan in March, a decline of 0.03%, marking the first time since October 2020 that the monthly scale change was less than 10 billion yuan [6][10] - Various types of funds, including QDII and equity funds, saw significant net subscriptions, while money market funds were the only category to experience a reduction in shares [7][8][11] Fund Type Analysis - QDII funds experienced a 3.57% increase in shares, reaching 562.868 billion shares, driven by strong demand for several ETFs [11] - Equity funds saw a 1.29% increase in shares, totaling 33.99 trillion shares, although their scale slightly decreased by 0.41% to 4.47 trillion yuan due to market corrections [8][10] - Mixed funds also showed positive trends, with shares increasing by 0.75% and scale rising by 1.42% to 3.58 trillion yuan, marking the first consecutive monthly growth since May of the previous year [10][11] - Bond funds reported a 1.1% increase in shares and a 1% increase in scale, reaching 5.56 trillion shares and 6.42 trillion yuan, respectively [11] Market Context - The public fund market has rebounded following a decline to 31 trillion yuan in January due to falling equity and bond fund scales, with renewed interest in fund subscriptions as the equity market recovers [6][8]