A Santa Claus rally is a seasonal phenomenon that involves a rise in stock prices during the last 5 trading days in December and the first 2 trading days in the following January.
Since 1950, the S&P 500 has gained an average of 1.3% during Santa Claus rally periods. We tested this hypothesis on the Indian and other prominent equity markets.
To know the effect of this phenomenon on Indian markets and much more, please read through our report.
Equity mutual funds received net inflows of ₹ 11,615 crore in November month due to strong SIP book. This was the ninth consecutive month of inflows, cumulatively total inflows of ₹ 78,765 crore since March.
As per MFs activities in stocks, major stocks like Reliance, TCS, Maruti, M&M, Zensar Technologies, Sun Pharma and Dabur were new entry for some equity schemes. Some equity schemes completely exited from Tata Steel, HDFC Ltd, SBI Cards, IRCTC, ICICI Lombard, ONGC and Crompton Greaves.
Many Equity mutual fund schemes invested in the IPO stocks, include Nykaa (FSN E-Commerce), Policy Bazaar (PB Fintech), PayTM (One97 Communications), GoFashion and Latent View Analytics.
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 November month.
For all these snippets and much more please read through our report.
As per AMFI data released, all five categories of Open ended schemes Income/Debt Oriented Schemes, Growth/Equity Oriented Schemes, Hybrid schemes, Solution oriented schemes, and other Open-ended schemes including Index schemes, ETFs, Fund of Funds schemes have reported positive flows during November 2021.
Despite the overhang of Omicron variant of Covid over the markets, Equity Oriented Schemes witnessed inflows of INR 11.61K Crs in November with maximum inflows in Flexi Cap Funds. SIP inflows touched new highs of INR 11,004 Crs.
Overall Debt Funds had inflows to the tune of INR 14K Crs with Liquid funds logging the maximum inflows to the tune of INR 53.2K Crs compared to outflow of INR 10.2K Crs in October and Overnight funds had the maximum outflow of INR 12.12K Crs compared to inflow of INR 6.3K Crs in October.
For all these snippets and much more please read through our report.