Activities of Equity Mutual Fund Schemes – April, 2024

May 16, 2024

In 2024, investment momentum is strongly geared towards Sectoral/Thematic Funds, Large & Mid Cap Funds, Multi Cap Funds and Flexi Cap Funds, making them top choices for investors seeking strategic portfolio diversification.

Several equity mutual fund schemes showed a pronounced preference for new investments in IPOs and FPOs such as Bharti Hexacom, JNK India and Vodafone Idea. They also favored fresh investments in established companies including Kotak Mahindra Bank, Axis Bank, Indus Towers, Angel One, Vedanta, Eicher Motors and National Aluminium Company.

Several equity schemes strategically divested their investments in companies such as Infosys, LTIMindtree, Mphasis, HPCL, BPCL, Biocon, Tata Chemicals, and Tata Steel.

Overall, equity mutual fund schemes were actively purchasing shares in prominent companies including Kotak Mahindra Bank, Axis Bank, Bharti Hexacom, Reliance Industries, HDFC Bank, Sun Pharma, ONGC, Vodafone Idea, Voltas, TCS and HDFC Life Insurance.

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

Mutual Fund Flows – April 2024

May 16, 2024

The Mutual Fund industry’s average AUM increased by 3.65% to ₹57 lakh crs. in April.

The AUM of Equity Oriented Schemes rose by 4.4% to ₹24.20 lakh crs., marking a 38-month streak of net inflows, despite a 16.4% drop in monthly inflows.

Hybrid schemes experienced a 255% surge in net inflows.

Passive funds saw a 10% month-on-month decline in net inflows, with the most significant contributions in Index Funds.

Debt Funds’ AUM increased by 3.21% to ₹14.82 lakh crs.

SIP inflows reached a new milestone, surpassing the ₹20,000 crore mark.

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

Mutual Fund Flows – March 2024

April 16, 2024

Mutual Fund industry’s Avg. AUM increased by 0.88% to ₹55 Lakh Crs in March, despite a net outflow of ₹1.59 Lakh Crs.

Equity Oriented Schemes’ AUM rose by 1.2% to ₹23.20 Lakh Crs, continuing a 37-month streak of net inflows, despite a 16% drop in monthly inflows.

Hybrid scheme inflows declined by 69%, with Arbitrage funds being the exception.

Passive funds saw a 31% month-on-month increase in net inflows, with ETFs leading the way.

Debt Funds’ AUM decreased by 1.30% to ₹14.36 Lakh Crs, facing a net outflow of ₹1.98 Lakh Crs.

SIP inflows continue to hit an all time high, ₹19,271 Crs in March.

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

Activities of Equity Mutual Fund Schemes – March, 2024

April 16, 2024

The landscape of Equity Mutual Funds underwent a dramatic transformation, with Net Assets Under Management (AUM) soaring to a historic ₹23.48 lakh crores in March.

Many equity mutual fund schemes demonstrated a strong inclination for new investments in prominent companies, including Maruti Suzuki, TCS, ITC, HDFC Life Insurance, Tata Chemicals, Samvardhana Motherson International, Jindal Steel & Power and Godrej Consumer.

Several equity schemes strategically exited investments in Jio Financial Services, LTIMindtree, IIFL Finance, HPCL, IREDA, NHPC, Tata Technologies, BPCL and Tata Steel.

Overall, equity mutual fund schemes were actively buying shares in leading companies such as ITC, HDFC Bank, TCS, Kotak Mahindra Bank, Shriram Finance, Maruti Suzuki, Axis Bank, Samvardhana Motherson International and REC.

Among the most actively traded small-cap stocks, various equity schemes directed their investments towards Aster DM Healthcare, NLC India, Aavas Financiers, Aditya Birla Sun Life AMC, GR Infraprojects, CIE Automotive, Hitachi Energy, Crompton Greaves, Apar Industries and Metropolis Healthcare.

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

Trends in Mutual Fund Average AUM: Jan-Mar, 2024

April 9, 2024

In an impressive display of resilience and investor confidence, the Mutual Fund industry experienced a remarkable surge, with the Average Assets Under Management (AAUM) increasing by 34% year-on-year to reach ₹54.13 Lakh Crores in the January-March, 2024 quarter.

SBI Mutual Fund solidifies its leadership, holding the top position for a remarkable 17th consecutive quarter.

The mutual fund landscape shows exceptional stability with the top eight and top three firms retaining their ranks for 11 straight quarters. Additionally, the ranking of the top 10 Asset Management Companies (AMCs) remains unchanged, reflecting a period of steady dominance in the industry.

The top 10 Asset Management Companies (AMCs) played a pivotal role in the Mutual Fund industry’s growth, contributing a significant 72% to the increase in Average AUM for the last quarter.

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

Activities of Equity Mutual Fund Schemes – February, 2024

March 15, 2024

The landscape of Indian equity mutual fund schemes transformed dramatically, with Net AUM reaching a historic ₹23.12 Lakh Crs, driven by a wave of investments in Equity NFOs and the consistent allure of SIP contribution.

Uncovering Trends in Equity Scheme Portfolios for February, 2024

  • Focus on Oil & Energy: Many equity mutual fund schemes showed a strong preference for new investments in leading companies like BPCL, HPCL, Swan Energy, Oil India, ONGC, Power Grid Corporation, Coal India, Whirlpool of India and LIC. The IPOs of Apeejay Surrendra Park Hotels and Juniper Hotels also emerged as popular investment choices among these funds.
  • Exits from Certain Stocks: Several equity schemes made strategic investment exits from Hindalco Industries, Crompton Greaves Consumer Electric, ITC, Ashok Leyland, One97 Communications, Bajaj Finance, HDFC Bank, IREDA, LTIMindtree, Axis Bank, Mphasis, M&M, IndusInd Bank and Kotak Mahindra Bank.

Breaking Down Equity Inflows of February, 2024

  • Strong NFOs Collection: SBI MF’s Energy Opportunities Fund collected ₹6,700 Crs from 5 lakh applications, standing out among new launches. Bajaj Finserv Large & Mid Cap Fund and Motilal Oswal Large Cap Fund also saw significant inflows.
  • Contra Funds Rising: SBI Contra Fund attracts significant inflows for the second consecutive month in February, underlining its rising popularity among investors.

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

Mutual Fund Flows – February 2024

March 15, 2024

India’s mutual fund industry reached a new high, with Assets Under Management (AUM) crossing ₹54.53 Lakh Crs in February 2024, driven by consistent inflows Equity funds and a remarkable inflows in Debt funds.

Equity mutual funds experienced consecutive inflows for 3 years, registering a 23% increase in February.

Hybrid schemes continued to attract investors with a moderation in net inflow at ₹18,105 Crs and Arbitrage funds remained a popular choice.

Net inflows in of passive funds doubled to ₹9,756 Crs from ₹3,983 Crs.

The average AUM of Debt funds increased by 1.75%, with a net inflow of ₹63,809 Crs.

Corporate bond funds saw an impressive inflow of ₹3,029 Crs from ₹1,301 Crs in the previous month.

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

Navigating the Equity Mutual Fund Universe – January, 2024

February 15, 2024

Emerging Investment Patterns in Equity Mutual Fund Scheme Categories

  • Record AUM Achievement: Equity Mutual Fund Schemes’ Net AUM reached an all-time high of ₹22.50 Lakh Crore, propelled by substantial market growth.
  • Surging Open-Ended Equity Fund Inflows: Inflows surged by 28% to ₹21,781 Crore in January, marking a continuous positive trend for 35 months.
  • Popular Investment Choices: Small Cap, Sectoral/Thematic, and Mid Cap Funds remained the preferred choices at 2024’s outset.
  • Impressive Fund Attraction: From April to January 2024, Small Cap Funds drew ₹37,361 Crore with 52% average returns; Sector/Thematic and Mid Cap Funds amassed ₹26,958 Crore and ₹19,401 Crore, with 40% and 47% returns, respectively.

Breaking Down Equity Inflows of January

  • Leaders in Active Fund Categories: Parag Parikh Flexi Cap Fund, Quant Small Cap Fund, and Nippon India Large Cap Fund stood out as the leading equity inflow schemes in 2024.

Uncovering Trends in Equity Scheme Portfolios for January

  • Preferred Stocks for New Investments: Equity mutual fund schemes showed a preference for investing in ONGC, BHEL, Biocon, Voltas, Sobha, Gujarat Gas, Lupin, IndusInd Bank, Cipla, and Bank of India. Initial Public Offerings (IPOs) like Medi Assist Healthcare Services and Jyoti CNC Automation were also popular investment choices.
  • Exits from Certain Stocks: Some equity schemes completely exited investments in Polycab India, Zee Entertainment Enterprises, The Federal Bank, Navin Fluorine International, Bandhan Bank, Bajel Projects, Mahindra & Mahindra Financial Services, and LTIMindtree.

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

Mutual Fund Flows – January 2024

February 9, 2024

India’s mutual fund industry reached a new high, with Assets Under Management (AUM) crossing ₹52.89 Lakh Cr in January 2024, driven by consistent inflows Equity funds and a remarkable inflows in Debt funds.

Equity mutual funds experienced their 35th consecutive month of inflows, registering a 28% increase.

Hybrid schemes continued to attract investors with a net inflow of ₹20.64k Cr, and Arbitrage funds remained a popular choice.

Net inflows in of passive funds increased by 6 times to ₹3.98k Crs from ₹573 Crs.

The average AUM of Debt funds increased by 2.67%, with a net inflow of ₹ 76.47k crores.

Corporate bond funds saw an impressive inflow of ₹1.3k crs, significantly higher than the ₹188 crs inflow recorded in December.

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

December’s Equity Explorer: Navigating the Equity Mutual Fund Universe

January 14, 2024

Emerging Investment Patterns in Equity Mutual Fund Scheme Categories

  • Unprecedented Growth: Net AUM of Equity Mutual Funds hit ₹21.79 Lakh Crore.
  • Consistent Inflows: 34th straight month of net inflows, up 9.40% to ₹16,997 Crore in December.
  • Top Choices: Small Cap, Sectoral/Thematic and Mid Cap Funds dominated 2023, attracting 66% of total inflows; Large-cap and Focused Funds saw negative flows.
  • Sectoral Shifts: Sectoral/Thematic Funds led December inflows, followed by Small Cap and Large & Mid Cap Funds.

Breaking Down Equity Inflows of December

  • Leading New Funds: Axis India Manufacturing Fund alone attracted over ₹3,400 Crore; Motilal Oswal Small Cap Fund, WOC Large & Mid Cap Fund, and DSP Banking & Financial Services Fund collectively brought in more than ₹2,300 Crore.
  • Active Fund Winners: Parag Parikh Flexi Cap Fund, Quant Small Cap Fund, and Nippon India Large Cap Fund were the top recipients in active fund categories.

Exploring Equity Scheme Portfolio Trends in December 2023

  • New Investments: Preference for investing in Indian Bank, Bank of India, Kaynes Technology India, Mankind Pharma, CAMS, Dr. Reddy’s Laboratories and select IPOs like Indian Shelter Finance Corporation, Inox India, DOMS Industries, Happy Forging.
  • Broad Buying Trends: Purchases in Indian Bank, Bank of India, Mankind Pharma, HDFC Bank, ICICI Bank, Reliance Industries, Kotak Mahindra Bank, Axis Bank, SBI Life Insurance Company.
  • Mid Cap Stocks Activity: Active trading in mid-cap stocks, with sales in Coforge, HPCL, PI Industries and investments in Apollo Tyres, Mphasis, Voltas.

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