Equity MFs Performance and Activities – May 2023

June 13, 2023

Inflows into Indian equity mutual funds halved sequentially to ₹3,240 crore in May, the lowest since November 2022.

Many equity mutual fund schemes preferred to do fresh investment in Mankind Pharma, Vedant Fashions, Coforge, CIE Automotive India,  Dixon Technologies, HDFC Life, M&M Financial Services, Shriram Finance and IndusInd Bank.

Some equity schemes completely exited from Kotak Mahindra Bank, Gland Pharma, Tata Chemicals, Cipla, Axis Bank. Page Industries, Aditya Birla Fashion & Retail, Siemens, M&M , Maruti, Mphasis and Dr. Reddy.

Due to redemption pressure in Axis Bluechip Fund, Mirae Asset Large Cap Fund and SBI Bluechip Fund, large cap mutual fund schemes witnessed outflows of ₹1362 Cr.

Nippon Small Cap Fund (Small Cap Category) and Kotak Emerging Equity Fund ( Mid Cap Category) received major inflows in May.

Textile, Realty, Retailing, Consumer Durables, Diamond & Jewellery and Infrastructure were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Hospitality, Aviation, Chemicals, Logistics, Mining and Capital Goods 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 May month.

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

Mutual Fund Flows – May 2023

June 10, 2023

The Mutual Fund industry‘s Avg. AUM increased by 3.42% to ₹42.94 Lakh Crs in May.

Flows into equity mutual funds is the lowest since Nov-22.

Arbitrage funds continues to witness maximum net inflow of ₹6.64K Crs.

Among the debt category, Liquid funds witnessed maximum inflows.

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

Alternative Investment Funds: Beyond the Traditional Investments…

June 1, 2023

The financial market in India is evolving at a rapid pace, as there is a rising trend of HNIs looking beyond traditional investment options.

HNIs are increasingly seeking personalized solutions that can help diversify and grow their wealth at a much higher rate than commonly available investment options.

The growth of Alternative Investment Funds (AIFs) as an asset class in India has been significant in the last few years.

As per SEBI, Indian AIF industry is standing at Rs 8.33 lakh crore commitments raised as on 31st March 2023, an incredible 10 times growth in the past 6 years.

According to SEBI, there are more than 1000 registered AIFs in India right now.

If investors are looking for diversification in the existing portfolio and higher growth in wealth, investors should consider investment in AIF.

For more information on AIFs please read through our report.