Month: October 2024

Equity Funds Favor Fresh Investments in Mid and Small-Cap Companies: Several equity mutual fund schemes have demonstrated a strong preference for fresh investments in companies such as GE T&D India, Samvardhana Motherson International, Brigade Enterprises, SpiceJet, KEC International, PTC Industries, National Aluminium Company, Punjab National Bank, Bajaj Finance, Larsen & Toubro and PB Fintech.

Equity Funds Show Strong Interest in New IPOs: Moreover, many equity mutual fund schemes have shown a clear preference for new investments in IPOs, including promising names such as Bajaj Housing Finance, PN Gadgil Jewellers, Premier Energies and Kross Ltd.

Equity Schemes Exit Major Companies Like Tata Motors and ONGC: Several equity schemes have fully exited their positions in companies such as Indus Towers, Tata Motors, ONGC, Dr. Reddy’s Laboratories, Hindustan Aeronautics, Oil India, Coal India, Vedanta, Bharat Electronics, Vodafone India, Indian Bank, GAIL, Bank of Baroda and Tech Mahindra.

Equity Funds Accumulate Shares in Top Market Leaders: Overall, equity mutual fund schemes have been actively accumulating shares in prominent companies like L&T, HDFC Bank, Samvardhana Motherson International, Zomato, Axis Bank, Maruti Suzuki India, ITC, Kotak Mahindra Bank, M&M, IndusInd Bank and Bajaj Finance, reflecting their strong confidence in these market leaders.

Equity Funds Invest in Small-Caps: Among the most actively traded small-cap stocks, various equity schemes directed their investments towards companies such as GE T&D India, KEC International, K.P.R. Mill, Indigo Paints, Brigade Enterprises, Gujarat State Petronet and PNB Housing Finance, while notable disinvestment occurred in MCX, Birlasoft and SKF India.

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

The Mutual Fund industry’s Average AUM surged by 2.97%, reaching an impressive ₹68 Lakh Crs in September.

Equity oriented schemes have experienced 43 consecutive months of positive inflows, elevating the average AUM to ₹30.65 Lakh Crs.

SIP investments hit a record high of ₹24,509 Crs, marking 15 consecutive months of all-time high inflows.

The Dividend Yield category saw a significant jump in inflows in September 2024, reaching ₹1.5K Crs with ₹1,006 Crs contributed by NFO.

Inflows into hybrid schemes saw a sharp decline of 52%, dropping to ₹4.9K Crs, largely due to significant outflows from arbitrage funds.

The average AUM of debt funds decreased by 0.75%, experiencing a net outflow of ₹1.13 Lakh Crs in September.

Among long-term debt funds, Corporate Bond funds experienced the highest inflow, receiving ₹5.04K Crs, followed closely by Gilt funds.

For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for September, 2024.

Mutual Funds Boom: Average AUM Skyrockets by 12.31% in Q2 FY25!

Mutual Funds on the Rise: In a strong show of resilience and investor confidence, the Mutual Fund industry has achieved a remarkable quarter-on-quarter growth, pushing Average Assets Under Management (AAUM) to a substantial ₹66.22 Lakh Crs for July-September 2024.

SBI Mutual Fund Makes History: For the first time in the history of Mutual Funds, SBI Mutual Fund’s Average Assets Under Management (AAUM) has crossed the ₹10 Lakh Crs mark last quarter. Dominating the industry, SBI Mutual Fund proudly secures its top spot for the 19th consecutive quarter, showcasing enduring leadership and investor trust.

Rising Stars in Mutual Funds: Driven by a surge in inflows, quant, Motilal Oswal, Mahindra Manulife, JM Financial, Zerodha and Groww Mutual Funds have elevated their positions in the mutual fund rankings, marking impressive progress over previous quarters.

SBI Mutual Fund Leads Absolute Growth: In the latest quarter, SBI Mutual Fund claimed the spotlight as the top gainer in absolute Average AUM growth, with ICICI, HDFC and Nippon India Mutual Fund close behind. This surge underscores the competitive energy and robust expansion shaping the mutual fund industry.

Top Percentage Growth Performer: In percentage growth of Average AUM, Old Bridge, Zerodha, JM Financial, Helios and Bajaj Finserv Mutual Funds outshone the competition this quarter, showcasing remarkable gains compared to the previous period.

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

FPIs Bet Big on India in September: Equity Inflow Hits 9-Month High  – Foreign Portfolio Investors (FPIs) made a powerful return in September as net buyers, investing ₹57,724 Crs—the highest in nine months. This pushed year-to-date investments to an impressive ₹1,00,610 Crs. With ₹10,879 Crs channelled into primary markets like IPOs in September, FPIs are signaling strong confidence in India’s emerging opportunities.

FIIs Power Up Indian Debt Market: 2024’s Record-Breaking Year – Foreign Institutional Investors (FIIs) showcased robust confidence in India’s debt market, with a substantial ₹32,850 Crs investment in September alone. Total debt inflows have soared to ₹1,43,931 Crs in 2024, setting the stage for a record-breaking year in FII debt investments.

Mutual Funds Keep the Momentum: ₹32,264 Crs Invested in September – Mutual Funds maintained their momentum in September, pouring ₹32,264 Crs into the domestic equity markets, marking a robust buying streak.

FIIs Bet Big on Financial Services, Expand Across Key Sectors in September – Foreign Institutional Investors (FIIs) allocated nearly half of their investments to Financial Services, while also diversifying into Healthcare, Realty, FMCG, Consumer Durables, Capital Goods, Telecommunications and Services sectors— demonstrating a strategic and balanced investment approach.

FIIs Exit Key Sectors in September – FIIs reduced their stakes in Consumer Services, Automobile & Auto Components, Information Technology, Construction Materials and Oil & Gas sectors, signaling a strategic shift in their portfolio.

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