Mutual Fund Flows – March 2023

April 18, 2023

Average AUM of Mutual Fund Industry decreased by 1.58% to ₹40 Lakh Crs in March due to large outflow in debt and hybrid funds.

Inflows in Equity oriented schemes increased to a 12-month high of Rs. 20.53k crs.

The net inflow in passive funds increased more than three times to Rs. 26.8k crs. from previous months Rs. 6.49k crs.

Among the debt funds, Liquid funds continued to witness highest outflows; whereas, investors’ focus shifted to higher duration funds after government introduced changes to mutual fund taxation in the Finance Bill.

The Average Quarterly AUM of the Mutual fund industry increased by 0.61% to Rs. 40.51 Lakh Crs.

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

Equity MFs Performance and Activities – March 2023

April 17, 2023

Equity mutual fund inflows hit a 12-month high in March. Equity mutual funds witnessed a total inflow of ₹20,534 crore in March as against an inflow of ₹15,685 crore in February.

Many equity mutual fund schemes preferred to do fresh investment in Canara Bank, Varun Beverages, HAL, Page Industries, HDFC AMC, Mahindra CIE Automotive, Infosys, NMDC, Adani Wilmar and Apollo Tyres.

Some equity schemes completely exited from Gland Pharma, Firstsource Solutions, Yes Bank, Bandhan Bank, GAIL India, Britannia Industries, Vedanta Ltd, National Aluminium Company and Bajaj Auto.

Textile, FMCG, Mining, Power, Oil & Gas and Capital Goods were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from IT, Alcohol, Insurance, Logistics, Consumer Durables and Telecom sectors.

Small Cap Schemes got net inflows of ₹ 2,430 Cr while Mid Cap Schemes received inflows of ₹ 2,129 Cr. Kotak Emerging Equity Fund and Nippon Small Cap Fund received  high inflows compared to other schemes.

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 March month.

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