In March, the total scale of public funds in our country exceeded 37 trillion yuan.

On the 22nd, the latest data from the China Securities Investment Fund Industry Association showed that as of the end of March 2026, the total scale of public funds fell from 38.61 trillion yuan in February to 37.53 trillion yuan, ending the previous 11 consecutive months of month-on-month growth; the total shares decreased to 32.72 trillion shares, a decrease of about 46.7 billion shares from the previous month; the number of funds increased to 13,930. In terms of structure, the market in March shifted closer to fixed-income and allocation-type assets with stronger certainty. On the one hand, the significant outflow of money market funds and the shrinkage of the net asset value of equity funds collectively caused the total scale to shrink. On the other hand, the shares and net asset values of bond funds and fund-of-funds increased against the trend.