Flexi Cap Funds Cross ₹6.1 Lakh Crore AUM, Retain Top Spot: Flexi Cap Funds’ net AUM rose to a fresh high of ₹6.11 lakh crore in August, from ₹6.00 lakh crore in July, and the category remained the largest equity mutual fund segment for the tenth consecutive month. Mid Cap Funds followed at ₹5.43 lakh crore, up from ₹5.23 lakh crore in July, making Flexi Cap and Mid Cap Funds the only two equity categories with AUM above ₹5 lakh crore each, reflecting sustained investor preference for diversified and mid-cap strategies.
Equity Mutual Fund AUM Scales a Fresh Record High in August: Equity mutual funds’ net AUM rose 2.21% MoM to a record ₹39.21 lakh crore in August, from ₹38.36 lakh crore in July, marking an increase of nearly ₹85,000 crore during the month. The rise was supported by ₹29,329 crore of net equity inflows along with market appreciation, pushing equity assets to another all-time high.
Mutual Funds Show Strong Appetite for August IPOs and LIC OFS: Equity mutual funds showed strong participation in the LIC OFS, with 71 schemes adding LIC as a new portfolio holding and collectively acquiring 1.49% of the company. Funds also actively participated in August’s new listings, building fresh exposure to Dhoot Transmission (61 schemes; 10.48% stake acquired), Shiprocket (45; 9.59%), Symbiotec Pharmalab (38; 4.95%), Milky Mist Dairy Food (24; 4.56%), Molbio Diagnostics (20; 4.12%) and Lumino Industries (19; 5.23%). The relatively higher stakes acquired in Dhoot Transmission and Shiprocket indicate comparatively stronger mutual fund participation in these new listings.
Mutual Funds Add Fresh Picks Across Fintech, Financials & Industrials: Beyond IPOs, several schemes initiated exposure to One97 Communications, Piramal Finance, Tenneco Clean Air India, SPR Auto Technologies, Apar Industries, Hindustan Copper, PB Fintech and BSE, signalling diversified buying across fintech, financial services, auto components, industrials, metals and capital-market businesses.
MF Schemes Record Full Exits Across Financials, IT, Pharma, Auto and Select Large-Cap Names: On the exit side, several schemes fully exited positions in Power Finance Corporation, Lupin, Tech Mahindra, Maruti Suzuki, Godrej Consumer Products and Sun Pharmaceutical Industries, indicating portfolio reshuffling across financials, pharmaceuticals, IT, automobiles and consumption. Other notable exits included Infosys, Swiggy, GE Vernova T&D India, Vishal Mega Mart, Tata Motors Passenger Vehicles, Hero MotoCorp, Oil India and Tata Consultancy Services, reflecting selective reduction in exposure across technology, industrials, consumer, auto and energy sectors.
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