Equity MFs Performance and Activities – January 2023

February 16, 2023

Equity mutual fund inflows hit four month high in January on strong SIP flows. Inflows into  equity mutual  schemes increased by 72%  to ₹ 12,546 crore in January compared to ₹7,303 crore inflow in December.

Many equity mutual fund schemes preferred to do fresh investment in Tata Steel, SBI, Tata Motors, Bank of Baroda, TVS Motor, HPCL, Eicher Motors and Samvardhana Motherson International.

Some equity schemes completely exited from Max Financial Services, Gland Pharma, Ultratech Cement, Ambuja Cements, ITC, Maruti Suzuki, HCL Technologies, Cholamandalam Investment, Coal India and Adani Enterprises.

Iron & Steel, Telecom, Textile, Hospitality, Alcohol and IT were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Aviation, Logistics, Trading, Gas Transmission, Retailing and Media sectors.

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 January month.

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

Mutual Fund Flows – January 2023

February 10, 2023

Mutual Fund Industry Average AUM rose to ₹40.08 Lakh Crs in January, marginally higher than the previous month.

Avg. AUM of  Equity oriented schemes decreased by 1.5% despite a 70% rise in net inflows compared to December month.

With spreads improving, Arbitrage funds saw inflows of ₹2.05k Crs, as investors preferred them over liquid funds for better tax efficiency.

Average AUM of Debt Funds increased by 2.06% to ₹13.24 Lakh Crs with a fall in net outflows at ₹10.32k Crs.

For all these snippets and much more please read through our Mutual Fund Flow January-2023 report.