Equity MFs Performance and Activities – October, 2021

November 14, 2021

Equity mutual funds received net inflows of ₹ 5215 crore for the eighth consecutive month in October. Since March, equity funds logged  net inflows amounting to ₹ 73,766 crore. All equity categories except Value Funds and ELSS had net inflows in October.

As per MFs activities in stocks, IRCTC witnessed major sell off from 51 Equity MF Schemes in October month. Out of 51 schemes, 35 schemes fully sold off their IRCTC stake. Some equity schemes completely exited from HDFC life, Petronet LNG, IGL, Cipla, TCS, HUL, AIA Engineering and Tata Power.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks and fresh stock picks by Equity MF schemes during October month.

For all these snippets and much more please read through our report.

Mutual Fund Flows – October 2021

November 12, 2021

Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of October 2021 stood at INR 38.21 Lakh Crs up 2.17% compared to the earlier month.

Equity Oriented Schemes witnessed inflows of INR 5.21k Crs in October. Sectoral/Thematic funds saw the highest inflow of INR 1,734 Crs.

Dynamic/Balance Advantage funds witnessed INR 11.2K Crs inflow whereas Arbitrage Funds saw outflows of INR 2.3K Crs due to low returns.

SIP inflows increased to record high of INR 10,518 Crs in October.

Debt Funds saw inflow of INR 12K Cr compared to INR 63K Cr outflow in September. Overnight funds followed by Floaters saw the biggest inflows in the debt category.

For all these snippets and much more please read through our report.

Muhurat Trading and Dhanteras

November 2, 2021

Dhanteras is the first day of Diwali. This day is considered extremely auspicious for the people who want to buy gold and silver.

As Diwali marks the beginning of the New Year or ‘Samvat’ (according to the Hindu calendar and we are currently in year 2077), it is believed that muhurat trading brings wealth and prosperity throughout the year. The auspicious muhurat trading session is held every year on the occasion of Diwali, for an hour. Muhurat trading session is on November 4, 2021, from 6:15 PM to 7:15 PM.

If you are interested in muhurat trading, our report will give you some facts about market behaviour and overall past returns for this type of trade.

Gold is also a popular investment during this time which we have also detailed in the report.

We wish you a joyful and prosperous Diwali. Happy trading and see you in Samvat 2078!