Month: November 2023

In the dynamic landscape of equity mutual funds, October 2023 has marked a significant milestone. The month witnessed an impressive surge in inflows, reaching a remarkable ₹19,957 Crore, surpassing September’s ₹14,091 Crore. This influx not only represents the third highest monthly figure for the year but also denotes the fourth consecutive month where all equity fund categories enjoyed positive net inflows.

The spotlight has been on Small Cap, Mid Cap and Sectoral/Thematic Funds, which have become the investment products of choice in 2023. The Small Cap Fund category, in particular, has stood out, attracting a substantial ₹33,479 Crore in net inflows since the beginning of the year.

In terms of AMC-wise distribution of equity inflows, ICICI Prudential AMC, Nippon Life India AMC, HDFC AMC, Quant AMC and Kotak Mahindra AMC collectively accounted for over 65% of the total equity inflows in the month of October.

The active fund category saw Parag Parikh Flexi Cap, Quant Small Cap and ICICI Pru Innovation Funds emerging as significant beneficiaries. Meanwhile, in the passive fund arena, Nippon India ETF Nifty 50 BeES, ICICI Pru Nifty 50 ETF and others have been at the forefront of attracting inflows.

Further diversifying their portfolios, equity mutual fund schemes have embarked on fresh investments in over 500 small cap stocks. Firms like BSE Ltd, One97 Communications and Tata Motors have been popular picks, while others such as Ideaforge Technology and Bank of Baroda saw complete exits by some schemes.

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 October month.

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

Overall Mutual Fund Industry Growth: Increment of 0.03% in average AUM to ₹47.80 lakh Crs with inflow of ₹80.53K Crs in October.

Equity Fund Inflows: Inflow surge by 42% to ₹19.96K Crs with positive inflows across all equity fund categories, including hybrid schemes.

Large and Small Cap Fund Trends: Large Cap funds reversing the outflow trend with inflows of ₹1.73K Crs after four consecutive months of outflows. Small Cap funds attracting the highest inflows, signifying investor confidence.

SIP Contribution: Record-setting SIP inflows at ₹16,928 Crs for the month of October.

Debt Fund Market Inflows: Liquid funds saw the highest inflow of ₹32.96K Crs, rebounding from last month’s outflow. Money Market funds also gained an inflow of ₹6.25K Crs.

Corporate and Short Duration Fund Flows: Corporate Bond funds reversed previous outflows, receiving ₹1.94K Crs in inflows. Short Duration funds attracted inflows of ₹1.28K Crs, ending a four-month outflow streak.

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

Crude oil continues to be a dominant force in the global energy landscape, and its flux has far-reaching implications for national security, economic growth and international alliances.

The history of oil is characterized by groundbreaking discoveries and pivotal geopolitical developments. The discovery of Middle Eastern oil fields early in the 20th century transformed the geopolitical landscape as oil became a strategic asset in global power games.

Key events like the formation of OPEC, Financial Crisis and the Gulf War highlighted oil’s role in world affairs. Despite recent challenges from renewable energies and climate change concerns, oil remains a central factor in international relations and economic stability.

The report also classifies crude oil according to its properties that determine the suitability of the oil for various end products.

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