Abhijit Powar No Comments

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.