Month: November 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.

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.