Equity MFs Performance and Activities – September, 2022

October 15, 2022

Equity mutual funds received inflows of ₹ 14,100 crore in September as net inflows jumped 130 percent from the previous month.

Many Equity mutual fund schemes preferred to do fresh investment in Adani Enterprises, IndusInd Bank, Axis Bank, Tech Mahindra, LIC Housing Finance, BEL, Triveni Turbine, CG Power, GR Infraprojects and Harsha Engineers.

Some equity schemes completely exited from Tata Steel, Tata Motors, ACC, Mindtree, Voltas, Ambuja Cements, Vedanta and Bandhan Bank.

Banking, Finance, FMCG, Power, Trading and Gas Transmission were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Iron & Steel, Crude Oil, Insurance, Consumer Durable and Construction Materials sectors.

Small Cap Schemes and Mid Cap Schemes outperformed compared to benchmark indices for September month.

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 September month.

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

Mutual Fund Flows – September 2022

October 11, 2022

The data released by AMFI for September 2022 month shows that Mutual Fund industry‘s Avg. AUM increased by 0.87% to ₹39.87 Lakh Crs in September with net outflow of ₹41 K Crs, driven by selling in Debt schemes.

The Quarterly Average AUM for the quarter July-September 2022 of the Mutual fund industry also increased by 3.44% to ₹39.04  Lakh Crs compared to ₹37.74 Lakh Crs in the previous quarter of Apr-Jun 2022.

Equity oriented schemes witnessed inflow for the 19th consecutive month driven by Mid and Small Caps and Sectoral/Thematic Funds.

Average AUM of Debt Funds in September decreased by 0.59% to ₹13.32 Lakh Crs with the net outflow of ₹65K Crs. This is due to quarter-end withdrawals by institutional and corporate investors for advance tax payments. With expectation of rate hike and volatility, investors took comfort in Overnight Funds which continued to give 5%+ returns.

The SIP contribution grew to ₹12,976 Crs in September.

SBI Mutual Fund continued to enjoy the top slot for the 11th consecutive quarter in June. As per quarterly average AUM, Nippon gained by two spots to move at 4th place while Kotak Mahindra slipped to 6th place.

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