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.