Month: December 2024

The Mutual Fund industry’s average AUM dipped by 0.66% in November, settling at ₹68.05 Lakh Cr, even as net inflows surged to ₹60,295 Cr.

Equity oriented schemes saw ₹35.94K Cr inflows in November, marking an extraordinary 45 month streak of positive contributions. However, a slight market correction led to a dip in the Average AUM at ₹29.79 Lakh Cr.

Sectoral and Thematic funds faced a significant drop, with inflows plunging to ₹7,658 Cr from ₹12.27K Cr in October.

Arbitrage funds saw a sharp reversal with an outflow of ₹1,332 Cr in November, compared to inflow of ₹7.18K Cr in October, leading to a 75% drop in Hybrid fund inflows.

Exchange-Traded Funds (ETFs) saw inflows plummet to ₹1,531.2 Cr in November, a sharp decline from ₹13,441.8 Cr recorded in October.

The average AUM of debt funds increased by 1.89% in November, despite a sharp 92% drop in net inflows to ₹12,916 Cr, compared to ₹1,57,402 Cr in October.

Systematic Investment Plans (SIPs) once again garnered ₹25,320 Cr in November, maintaining near-parity with October’s ₹25,323 Cr, reflecting consistent investor confidence.

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

FPIs Bet on IT, Financials and Realty Amid November Selloff – Amid selloffs in November, FPIs made investments in the Information Technology, Financial Services, Realty, Construction, Healthcare, Textiles and Utilities, indicating cautious, sector-specific interest despite broader market challenges.

FPI Record Selloff Hits Key Sectors: Oil & Gas, Auto, Telecom and More – In November, FPIs significantly reduced holdings across crucial sectors like Oil & Gas, Automobile & Auto Components, Telecommunication, Services, Construction Materials, FMCG, Metal & Mining and Power. This widespread selloff underscores rising global uncertainties and intensifying market pressures.

FFPIs Turn Net Sellers in 2024 as November Records Slower Selloffs Amid Volatility – FPIs pulled ₹21,612 Crs from the markets in November, citing expensive valuations and weak Q2 earnings, a notable slowdown compared to October’s sharp selloff. The November selloff pushed FPIs into net selling territory for the calendar year 2024, with total year-to-date selloff amounting to ₹15,019 Crs, reflecting increased market pressures and cautious sentiment.

FPI Muted in Debt Market: November Witnesses Minor Selloff – This marginal selloff brought the cumulative debt market investments for the calendar year down to ₹1,40,263 Crs, highlighting reduced foreign interest. FPIs sold a modest ₹36 Crs in India’s debt market in November 2024, reflecting subdued activity in the segment.

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