Equity MFs Performance and Activities – Sept, 2021

October 14, 2021
  • Equity mutual funds received net inflows of ₹ 8677 crore in September. Overall most of equity mutual schemes underperformed compared to benchmark indices.
  • Overall considering all equity mutual fund schemes, there was selloff in Bharti Airtel, SBI, Sun Pharma, Bajaj Finance, Tata Steel, IRCTC and Hindalco.  There was buying in HDFC Bank, Infosys, Reliance, ICICI Bank, Axis Bank, Kotak Bank, HCL Technologies and ITC.
  • It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure and fresh stock picks during September month.

For all these snippets and much more please read through our report.

Equity MF Activities and Performance – Sept,2021Download

MF Flows – September 2021

October 11, 2021
  • Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of September 2021 stood at INR 37.41 lakh crs up 3.64% compared to the earlier month.
  • Equity Oriented Schemes witnessed inflows of INR 8.67k Crs in September. Multicap funds saw the biggest inflow at INR 3,569 crs.
  • Dynamic/Balance Advantage funds witnessed INR 5.2K crs inflow whereas Arbitrage Funds saw outflows of INR 3K Crs due to low returns
  • SIP inflows increased to record high of INR 10,351 Crs in September.
  • Debt Funds saw outflow of INR 64k Cr compared to INR 1k Cr inflow in August which could be largely due to Quarter end requirements. Overnight funds followed by Floaters saw the biggest inflows in the debt category.
  • SBI Mutual Fund continued to enjoy the top slot for the 7th consecutive quarter. However, HDFC leads SBI in terms of total Debt AAUM for the quarter.

For all these snippets and much more please read through our report.

MF-Flows-Sept-2021Download

Mutual Fund Flows – August 2021

September 12, 2021

The Average AUM of the Mutual Fund Industry increased by 2.70% in August over July 2021.

Equity oriented schemes saw a net inflow of INR 8,667 crs during the month while Hybrid schemes witnessed a net inflow of INR 18,706 crs.

SBI Balanced  Advantage  Fund  became the highest grossing equity NFOs till date, notching up INR 13,000 crs.

Debt Mutual Fund schemes saw net inflows worth INR 1,074 crs as compared to INR 73,694 crs in July.

Floater Funds attracted the largest chunk of investment followed by Corporate Bond funds. 

Overnight and Low Duration funds saw big withdrawals.

MF-Flows-Aug-2021Download

Sovereign Gold Bonds

January 8, 2021

Add the sheen of Gold to your Investments with the Sovereign Gold Bond Funds.

With the Government of India’s Sovereign Gold Bonds Scheme you can earn an assured interest rate eliminating risk and cost of storage.

Benefits of investing in SGBs:

  • Attractive Interest with asset appreciation opportunity
  • Redemption linked to Gold Price
  • Elimination of risk and cost of storage
  • Exempt from Capital gains tax, if held till maturity
Sovereign Gold BondsDownload

Mutual Fund Flows – November 2020

December 10, 2020

November month saw a new milestone for MF industry with Rs. 30 Lakh Crore net assets under management.

Indian equity markets saw a surge due to highest ever monthly inflows of FII in Indian markets and better than expected economic data. This surge was treated as an opportunity to book profits and heavy redemptions were seen in equity mutual fund schemes across categories.

In debt, money flowed from low duration categories to higher duration categories for better returns through accruals in a low interest rate scenario.

MF Flows DecemberDownload

Mutual Fund Flows: September 2020

October 9, 2020

In September 2020, the mutual fund industry saw a net outflow of approx. INR 52,000 Crs with a decrease in the Avg. AUM  by 0.14%.
Notably, in the Debt category, Liquid Funds faced heavy outflows on account of advance tax payments in the quarter end.
Do have a look at a brief analysis of the Mutual Fund Flows of September 2020 for more information.

Full ReportDownload

What Led to the Franklin India Crisis

April 26, 2020

The financial industry in India is seeing some unusual and even some unprecedented events due to COVID19. As everyone is trying to maintain some sanity, Franklin Templeton takes an unexpected step by closing six debt fund schemes. This has definitely shaken up the Indian Mutual Fund industry.

Here’s our take on what lead FT to take this step.

What-Led-to-the-Franklin-India-CrisisDownload