年内第五次创新高，公募总规模首次突破36万亿，权益基金扛起增长主力军

Core Insights - The public fund market in China reached a record high of 36 trillion yuan in August 2025, marking a growth of 1.18 trillion yuan from July, with a growth rate of 3.36% [1][2] Fund Categories Summary - Equity Funds: The scale reached 5.55 trillion yuan in August, increasing by 628.07 billion yuan from June, with a growth rate of 12.76%. The number of shares increased by 79.67 billion from July, a growth of 2.32% [2][3] - Mixed Funds: The scale was 4.16 trillion yuan in August, with an increase of 332.70 billion yuan, representing a growth rate of 8.69%. However, the number of shares decreased by 45.01 billion from July, a decline of 1.50% [2][3] - Money Market Funds: The scale reached 14.81 trillion yuan, with an increase of 196.35 billion yuan, reflecting a growth rate of 1.34%. The number of shares increased by 190.42 billion from July, a growth of 1.30% [2][3] - Bond Funds: The scale was 7.21 trillion yuan, with a decrease of 28.51 billion yuan, representing a decline of 0.39%. The number of shares decreased by 95.15 billion from July, a decline of 1.62% [2][3] - Cross-Border Funds (QDII): The scale reached 797.32 billion yuan, increasing by 67.27 billion yuan, with a growth rate of 9.21%. The number of shares increased by 51.65 billion from July, a growth of 8.64% [2][3] Market Trends - The mixed fund category experienced significant net redemptions, totaling 450 billion yuan in August and 370 billion yuan in July, indicating a total net redemption of 820 billion yuan over two months [3][4] - The bond market saw a notable shift, with net redemptions of bond funds reaching 951 billion yuan in August, a decrease from 1.944 trillion yuan in July, as funds moved towards equity markets [5] - Non-bank deposits in China showed significant growth, with an increase of 5.87 trillion yuan in the first eight months of 2025, accounting for 28.63% of the total increase in RMB deposits during the same period [6][7]