Equity MF AUM Inches Higher Even as Overall Industry AUM Declines: Equity mutual funds’ Net AUM recovered in May, rising 1.10% MoM to ₹36.14 lakh crore from ₹35.74 lakh crore in April, supported by gains in the broader equity market. In contrast, the overall mutual fund industry Net AUM declined 0.42% MoM to ₹81.58 lakh crore, weighed down by softer equity inflows and sharp outflows from debt-oriented schemes.
MFs Add Fresh Exposure Across New-Age, IPO, Power, Industrials and Consumer Names: Equity mutual funds added fresh positions in a diversified set of stocks led by Billionbrains Garage Ventures, Lenskart Solutions, OnEMI Technology Solutions and JSW Energy, reflecting selective interest across new-age digital platforms, consumer-tech, IPO-led opportunities and power. Incremental additions were also visible in ABB India, Adani Energy Solutions, Dixon Technologies, Bharti Airtel, Crompton Greaves, BSE, InterGlobe Aviation, BEL, CG Power, Sai Life Sciences and HAL, indicating broad-based accumulation across industrials, power transmission, electronics, telecom, exchanges, aviation, defence and pharma.
MFs Exit Lupin, Kotak Bank, SBI, PSU Banks and Auto Names Amid Portfolio Rotation: On the exit side, Several schemes exited exposure to Lupin, State Bank of India, Bank of Baroda and Canara Bank, indicating portfolio reshuffling across pharma and banking names. Other notable exits were seen in Godrej Consumer, TVS Motor, Tata Motors, Eternal, Jubilant FoodWorks, Hero MotoCorp, ITC, Indian Bank, Shriram Finance and Ashok Leyland, reflecting churn across consumption, auto, FMCG, QSR and financials.
Lenskart, Billionbrains, JSW Energy & PB Fintech Lead MF Buying; BFSI, Auto and Energy Names Also Attract Net Adds: In the Top 20 traded stocks, equity mutual funds recorded the strongest net additions in Lenskart Solutions, Billionbrains Garage Ventures, JSW Energy and PB Fintech, reflecting strong accumulation across new-age consumer platforms, digital businesses, power and fintech. Buying interest was also visible in Adani Energy Solutions, Eternal, TVS Motor, ICICI Bank, Samvardhana Motherson, Kotak Mahindra Bank and HDFC Bank, indicating steady allocation toward power transmission, consumption, automobiles, auto ancillaries and large private banks.
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