Equity MFs Performance and Activities – August 2023

September 15, 2023

Inflows into the equity mutual fund schemes surged to a five-month high of ₹20,245 Cr in August as substantial increase compared to ₹7,626 Cr in July.

Small Cap Fund, Midcap Cap Fund and Sectoral/Thematic Funds categories are preferred investment products in 2023 so far.

Small Cap Fund category is favourite category for equity investment. This category received net inflows of ₹26,305 Cr since January, 2023.

Large Cap Fund, Focused Fund and Flexicap Fund Categories witnessed net outflows for this year till now.

More than 200 small cap stocks were bought as fresh investment by equity mutual fund schemes in August.

Many equity mutual fund schemes preferred to do fresh investment in Coforge, Zomato, SJS Enterprises, Suzlon, Concord Biotech, Rishabh Instruments, REC, Interglobe Aviation, SBFC Finance, Union Bank of India, Inox Winds, Mphasis, Tech Mahindra and BSE.

Some equity schemes completely exited from Zee Entertainment, Jio Financial Services, Axis Bank, SBI, HPCL, Ashok Leyland, Crompton Greaves, Eicher Motors and Kotak Mahindra Bank.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks, investment trends and fresh stock picks by AMCs during August month.

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

Mutual Fund Flows – August 2023

September 12, 2023

The average AUM has seen an uptick of 1.43%, settling at ₹46.94 Lakh Crs. This growth has been largely driven by significant inflows into equity mutual funds.

Equity schemes have witnessed a substantial rise with inflows increasing by 165%.

Hybrid category reported a net inflow of ₹17.08k Crs. Notably, Arbitrage funds stood out with an impressive ₹9.48k Crs.

Passive funds experienced a remarkable inflow of ₹4.54k Crs, a significant leap from ₹860 Crs the previous month.

The Debt category showed a net outflow of ₹25.87K Crs, predominantly due to liquid funds.

Lastly, SIP inflows have reached a record high, touching ₹15,814 Crs.

For a comprehensive understanding and more insights, please go through our detailed Mutual Fund Flow report.