Equity MFs Performance and Activities – September 2023

October 17, 2023

Inflows into the equity mutual fund schemes declined by 30% to ₹14,091 Cr in September as compared to ₹20,245 Cr in August.

More than 350 small cap stocks were bought as fresh investment by equity mutual fund schemes in September.

Many equity mutual fund schemes preferred to do fresh investment in TVS Motor Company, RR Kabel, Zydus Lifesciences, JSW Infrastructure, Shriram Finance, Jupiter Lifeline Hospitals, Sai Silks, REC, Coal India, Power Finance Corporation and Trent.

Some equity schemes completely exited from Page Industries, Jio Financial Services, Aavas Financiers, Nykaa, ACC, HDFC AMC, HDFC Bank and Bharat Dynamics.

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 ₹ 28,983 Cr since January, 2023.

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

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 September month.

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

Mutual Fund Flows – September 2023

October 17, 2023

AUM Increases: The Mutual Fund industry’s Average Assets Under Management (AUM) experienced a growth of 1.82%, escalating to ₹47.79 Lakh Crs, even amidst a net outflow of ₹66.19k Crs.

Equity Fund Inflows: Inflows into Equity-oriented schemes have seen a reduction, descending to ₹14.09k Crs from the previous ₹20.25k Crs.

Hybrid Scheme Popularity: Hybrid schemes continued to attract the highest inflows among the categories.

Debt Fund Outflows: The Debt category witnessed a substantial net outflow, specifically ₹1.06 Lakh Crs, with Liquid funds being the primary contributor.

SIP Inflows: Systematic Investment Plan (SIP) inflows continued their upward trajectory, reaching a new milestone of ₹16,420 Crs.

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