Equity MFs Maintain Growth in September: Equity mutual funds clocked a steady performance in September, with net AUM rising 1.81% to ₹33.68 Lakh Cr from ₹33.09 Lakh Cr in August. The overall mutual fund industry also saw moderate growth, with Net AUM up 0.57% to ₹75.61 lakh crore. The equity surge was powered by robust inflows, record SIP contributions and measured market gains during the month.
Mutual Funds Eye Fresh Opportunities in Select IPOs: Equity mutual funds showed strong primary-market participation in September, with selective allocations to newly listed companies. Key IPO entries included Urban Company(30 schemes; 3.26%), Jain Resource Recycling(16 schemes; 2.72%), and Seshaasai Technologies(13 schemes; 3.55%), reflecting rising investor appetite for innovative, asset-light and technology-driven business models.
Mutual Funds Expand Portfolios with New Stock Additions: Schemes actively added positions in Aptus Value Housing Finance, Britannia Industries Eicher Motors, Cohance Lifesciences, M&M, Hindustan Aeronautics, Tube Investments of India, Eternal, Indian Bank, SBI Cards and L&T Finance. The additions indicate broad-based buying across consumption, auto, financial, and manufacturing sectors.
Funds Restructure Portfolios with Targeted Exits: On the sell side, mutual funds exited holdings in Max Healthcare Institute, Siemens Energy India, Suzlon Energy, Hyundai Motor India, BSE, Tata Motors, Jio Financial Services, Indus Towers, PB Fintech, HDB Financial Services, PNB Housing Finance, ONGC, Page Industries, Sun Pharmaceutical Industries and AWL Agri Business.
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