Month: August 2022

Equity mutual funds received inflows of ₹ 8,898 crore in July. This is the 17th straight month of investments. Due to volatile market conditions, inflows dropped by 43% compared to June month.

Many Equity mutual fund schemes preferred to do fresh investment in Kotak Mahindra Bank, Britannia, UPL, PB Fintech, HDFC Life, Tata Motors, Gland Pharma, SBI Cards, HAL and Cummins.

Some equity schemes completely exited from HCL Technologies, Power Grid, Wipro, ONGC, BPCL, Tata Steel, Crompton Greaves, Bajaj Auto, Polycab India, Ambuja Cements and Bank of Baroda.

Capital Goods, Alcohol, FMCG, Chemicals, Infrastructure and Realty were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from IT, Oil & Gas, Iron & Steel, Agri and Electricals sectors.

Most of Equity mutual fund schemes underperformed compared with benchmark indices due to sharp rally in the equity market.

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 July month.

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

The data released by AMFI for July 2022 month shows that Mutual Fund industry‘s Avg. AUM increased by 2.12% to ₹37.76 Lakh Crs in July with net inflow of ₹23,605 Crs. The increase in AUM was largely due to gains in Equity AUM.

Equity oriented schemes witnessed inflow for the 17th consecutive month. However, equity inflows fell by 43% sequentially due to volatile market conditions.

The Hybrid schemes witnessed a net outflow of ₹5.1K Crs primarily from the Arbitrage fund category.

Average AUM of Debt Funds in July decreased by 1.05% to ₹13.33 Lakh Crs with the net inflow of ₹4,930 Crs as compared to outflow of ₹92.24K Crs in the previous month.

Overnight funds saw the highest net inflows of ₹19,919 Crs. Ultra Short Duration funds and Money Market funds also received positive inflows. Investors preferred to be cautious due to upcoming central banks monetary policy meeting and uncertain interest rate scenarios.

The SIP contribution dipped marginally over the last month to ₹12,140 Crs in July.

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