Month: July 2022

Equity mutual funds received strong inflows of ₹ 15,498 crore in June, despite sharp fall in both Indian and overseas markets. This is the 16th straight month of investments despite selling pressure from FIIs.

Many Equity mutual fund schemes preferred to do fresh investment in Maruti Suzuki, M&M, Reliance, ICICI Lombard, Gland Pharma, United Breweries, Aether Industries(IPO), Eicher Motors and Apollo Hospitals.

Some equity schemes completely exited from Tata Steel, ONGC, HDFC Bank, HDFC, Axis Bank, Coal India, LIC, Coforge and Hindalco Industries.

Insurance, Capital Goods, Capital Goods, Alcohol and Aviation were preferred investment sectors for Equity schemes.

Some equity schemes exited their investments from Mining, Metals, Consumer Durables and Electricals sectors.

Small Cap Schemes performed better compared to their benchmark indices. Large Cap Schemes and Mid Cap Schemes performed in line with benchmark indices.

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

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

The data released by AMFI for June 2022 month shows that Mutual Fund industry‘s Avg. AUM decreased by 1.04% to ₹36.98Lakh Crs in June with net outflow of ₹69.85 K Crs. The fall in AUM was due to correction in equity markets and outflows in debt schemes.

The Quarterly Average AUM for the quarter April-June,22 of the Mutual fund industry also decreased by 1.65% to ₹37.45 Lakh Crs. compared to ₹38.37 Lakh Crs in the previous quarter of Jan-Mar,22.

Equity oriented schemes witnessed inflow for the 16th consecutive month. However, equity inflows fell by 16.36% sequentially as rising inflation, geopolitical turmoil, and sell-off by FPI hit investors’ sentiment.

The Hybrid schemes witnessed net outflow of ₹2.27K Crs primarily from the Arbitrage fund category.

Average AUM of Debt Funds in June decreased by 1.04% to ₹13.48 Lakh Crs with the outflow of ₹92.72K Crs as compared to outflow of ₹32.72K Crs in the previous month. This is due to a combination of quarter-end withdrawals by institutional and corporate investors for advance tax payments, and mark-to-market impact on debt schemes from rising interest rates.

The SIP contribution dipped marginally over the last month to ₹12,276 Crs in June.

SBI Mutual Fund continued to enjoy the top slot for the 10th consecutive quarter in June.

For all these snippets and much more please read through our Mutual Fund Flow June-2022 report.