Pre-Budget and Post-Budget Analysis of Indices

January 28, 2022

Union Finance Minister Nirmala Sitharaman is all set to present the Budget 2022 on 1st February. Budget is one of factors that affect the stock market. The budget tends to create quite a lasting effect in the form of fluctuations in overall indices, the change in the market stance and much more.

Two years back, we published one report on Pre-Budget and Post-Budget Analysis of Indices. We have mentioned few observations regarding the behaviour of Indian benchmark indices before and after the budget. We have updated all the returns till now to validate the trend observed for last 14 years.

To know those observations and much more, please read through our report.

Equity Linked Saving Scheme

January 27, 2022

The last quarter of the year has arrived and also the time for tax planning before it is too late. ELSS investment can be considered, as it not only saves some taxes but also helps to ride through inflation (subject to equity market risk).

What is an ELSS and what are its features and benefits? Read through if you need more insights into this important investment avenue.

Equity MFs Performance and Activities – December, 2021

January 14, 2022

Equity mutual funds ended year 2021 on a strong note with record net inflows of ₹25,077 Cr in December month, taking the net inflows for the year to ₹ 96,670 Cr. All equity fund categories saw inflows in December.

Many Equity mutual fund schemes invested in the IPO stocks, include Medplus Health Services(11% stake) and CMS Info Systems(8% stake).

Overall considering all equity mutual fund schemes, there was selloff in Bharti Airtel, SBI, Kotak Bank, Persistent Systems and Tech Mahindra. There was buying in Reliance, ICICI Bank, HDFC Bank, Infosys, TCS, Wipro, L&T, Maruti, HCL Technologies, Axis Bank and Bajaj Finance.

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 December month.

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

Mutual Fund Flows – December 2021

January 11, 2022

As per AMFI data released, Equity Funds witnessed record inflows whereas income/Debt Funds faced heavy redemptions in December.

All the Equity oriented schemes saw a steady inflow, with Multi Cap funds topping with Rs.10,516 Crs.

Overnight Funds and Dynamic Bond Funds were the only categories to get positive inflows in Income/Debt fund categories.

The contribution through monthly systematic investment plans (SIPs) rose to a record high of Rs.11,305 Crs. in December against ₹11,005 Crs. in November.

SBI AMC retained the top spot in Average AUM as well as absolute increase in AUM over the quarter, followed by ICICI and Kotak. HDFC, surprisingly was at 9th spot.

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