Equity MF AUM Stages Strong Comeback as Industry Assets Rebound Broadly: Equity mutual funds’ Net AUM rebounded sharply in April, rising to ₹35.74 lakh crore from ₹31.98 lakh crore in March, reflecting an ~11.8% MoM increase. The recovery was supported by improved equity market sentiment, portfolio valuation gains and sustained investor participation. Overall mutual fund industry Net AUM also rose 11.11% MoM to ₹81.92 lakh crore, aided by equity market recovery, strong debt inflows and post year-end treasury redeployment.
Mutual Funds Added Fresh Exposure Across Consumption, Financials, Exchanges, Metals and Industrials: Equity mutual funds added fresh positions in a diversified set of stocks led by Titan Company, Radico Khaitan, 360 One WAM and BSE, reflecting selective interest across consumer discretionary, alcohol/consumption, wealth management and market infrastructure themes. Incremental additions were also visible in Varun Beverages, Steel Authority of India, Axis Bank, RBL Bank, MCX, Nippon Life India AMC and ABB India, indicating broad-based accumulation across consumer beverages, IT services, metals, private banks, exchanges, asset management and industrial automation/capital goods.
Mutual Funds Pare Exposure Across Metals, Banking, IT, Energy and Auto Names Amid Portfolio Rotation: On the exit side, equity mutual funds reduced or exited positions most notably in Vedanta, HDFC Bank, HCL Technologies and ICICI Prudential AMC, indicating portfolio reshuffling across metals & mining, private banking, IT services and asset management. Other notable reductions were seen in LG Electronics India, Reliance Industries, Wipro, Hyundai Motor India and Mahindra & Mahindra, reflecting continued churn across consumer durables, energy/conglomerates, automobiles and technology exposures.
Eternal, ICICI Bank & Shriram Finance Lead MF Buying; BFSI, Auto, Pharma and IT Names Also Attract Net Adds: In the Top 20 traded stocks, equity mutual funds recorded the strongest net additions in Eternal, ICICI Bank, Shriram Finance, SBI Life Insurance, Maruti Suzuki, State Bank of India, Sun Pharma and Infosys, reflecting continued preference for new-age consumption, private banking, NBFCs, insurance, automobiles, PSU banking, pharmaceuticals and IT services. Incremental buying was also visible in Larsen & Toubro, Tata Consultancy Services, Hindustan Unilever and Axis Bank, indicating steady allocation toward large-cap leaders, core franchises and selective growth opportunities.
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