Equity MFs Performance and Activities – October, 2022

November 17, 2022

Equity mutual funds received inflows of ₹ 9390 crore in October as net inflows dropped 34 percent from the previous month.

Many equity mutual fund schemes preferred to do fresh investment in Electronics Mart IPO(6.10% stake), Zee Entertainment, IndusInd Bank, Tata Chemical, Canara Bank, Delhivery, Karur Vysya Bank, Phoenix Mills, Bajaj Finance and Reliance.

Some equity schemes completely exited from NMDC, Voltas, L&T, SBI Cards, SAIL, The Indian Hotels Co and Hero MotoCorp.

Chemicals, Media & Entertainment, Aviation, Plastic Products, Diamond & Jewellery and Hospitality were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Iron & Steel, Mining, Infrastructure, Agriculture, Construction Materials and Telecom sectors.

In October, large cap indices gained more than 4% while midcap and smallcap indices increased by 2%. Most of Mid Cap Schemes and Small Cap Schemes underperformed compared to the 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 October month.

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

Mutual Fund Flows – October 2022

November 17, 2022

The data released by AMFI for October 2022 month shows that Mutual Fund industry‘s Avg. AUM decreased by 0.87% mainly driven by drop in equity mutual funds inflows.

Increase in Avg. AUM of Equity Open ended schemes slows down by 0.2% to Rs. 26.04 Lakh Crs from previous month’s Rs.25.97 Lakh Crs.

The Hybrid schemes witnessed a net outflow for the 5th consecutive month primarily from the Arbitrage fund category. Index Funds and ETFs which includes both passive equity and debt schemes continued their good run.

Average AUM of Debt Funds in October decreased by 2.99% to Rs. 12.92 Lakh Crs. Liquid funds saw the highest net inflows of ₹19K Crs., largely a reversal from the previous month’s outflow of Rs.59.97K crs.

The SIP contribution surged to record high ₹13,041 Crs in October.

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