Knowledge Base

As we approach the final trading week of 2023, a palpable excitement is brewing among traders and investors, fueled by the prospect of witnessing an official Santa Claus Rally.

A Santa Claus rally is a seasonal phenomenon that involves a rise in stock prices during the last 5 trading days in December and the first 2 trading days in the following January. It refers to the jump in stock prices in the week between Christmas and New Year’s Day.

Since 1950, the S&P 500 index has gained an average of 1.3% during Santa Claus rally periods. Now the S&P 500 index teeters on the brink of a record-shattering feat, a mere 1% shy of surpassing its highest close. This air of anticipation is not just confined to Wall Street; it resonates across the globe.

Indian Market Triumph: A Year of Stellar Gains

In the vibrant markets of India, the year has been marked by a remarkable ascent, with a formidable 17% gain in Nifty so far. This impressive rally didn’t just materialize out of thin air; its seeds were sown twelve months ago. Those pivotal seven days at the year’s dawn saw the Indian markets leap by 1.4% in 2022, setting the stage for a year of robust financial growth.

Since 2000, average monthly return of Nifty is 1.09% whereas average return during Santa Claus Rally periods is 2.32%. In last 23 years, Nifty gave negative returns just 3 times during this period.

Looking Ahead: Hopes for a Prosperous 2024

As we stand on the cusp of 2024, there’s a collective hope for a verdant conclusion to this year, laying the groundwork for yet another bullish surge in the markets. This anticipation isn’t just about numbers and percentages; it’s a reflection of the enduring spirit of the market, resilient and ever-evolving, mirroring the hopes and aspirations of its myriad participants.

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

In the dynamic world of Equity Mutual Fund Schemes, November was a month of both triumph and transition. The Net Assets Under Management (AUM) soared to an extraordinary ₹20.33 Lakh Crore, a testament to the resounding success of Indian equity markets. However, it was also a month that saw a 22% dip in inflows, as they descended from ₹19,957 Crore in October to ₹15,536 Crore.

The spotlight has been on Small Cap, Mid Cap and Sectoral/Thematic Funds, which have become the investment products of choice in 2023. The Small Cap Fund category, in particular, has stood out, attracting a substantial ₹37,178 Crore in net inflows since the beginning of the year.

The inflow surge in November was propelled by the debut of six new equity funds, accumulating an impressive ₹1,907 Crore in investments. Within this exciting lineup, the Aditya Birla SL Transportation & Logistics Fund, Helios Flexi Cap Fund, Quant Momentum Fund and Kotak Consumption Fund shone as standout performers, collectively drawing in over ₹1,800 Crore in investments.

For diversifying their portfolios, equity mutual fund schemes have embarked on fresh investments in over 180 small cap stocks.

Several equity mutual fund schemes opted for fresh investments in a diverse range of companies, including Tata Technologies, Indian Renewable Energy Development Agency, Flair Writing, Apar Industries, CG Power, Zomato, Bajaj Finance, Bajaj Auto, Lupin, PFC, Hero MotoCorp and Alkem Laboratories.

In the recent period, certain equity schemes made complete exits from their investments in Suzlon Energy, Bharat Forge, MTAR Technologies, Jio Financial Services, Carborundum Universal, SBI, Maruti Suzuki, Indraprastha Gas, DLF and Ashok Leyland.

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

Overall Mutual Fund Industry Growth: Steady Increment of 1.97% in average AUM to reach an impressive ₹48.74 Lakh Crs with new inflow of ₹25.61K Crs in November.

Equity Fund Inflows: Inflow dipped by 22% to ₹15.54k Crs in November compared to October month with positive inflows across all equity fund categories, including hybrid schemes.

Equity Investment Trends: Small Cap and Mid Cap funds are stealing the spotlight with a whopping ₹3,699 Crs pouring into Small Cap funds and ₹2,666 Crs finding its way into Mid-Cap investments.

SIP Contribution: Record-setting SIP inflows at ₹17,073 Crs for the month of November.

Debt Fund Market Outflows: The Debt segment experienced a significant shift in November as debt mutual funds saw net outflows of ₹4,707 Crs. This marked a notable contrast to the ₹42,634 Crs net inflows witnessed in October.

Corporate Bond and Ultra Short Duration Fund Outflows: Corporate bond funds witnessed net outflows of ₹1,578 Crs, while ultra-short duration funds experienced net selling of ₹1,866 Crs.

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

In the dynamic landscape of equity mutual funds, October 2023 has marked a significant milestone. The month witnessed an impressive surge in inflows, reaching a remarkable ₹19,957 Crore, surpassing September’s ₹14,091 Crore. This influx not only represents the third highest monthly figure for the year but also denotes the fourth consecutive month where all equity fund categories enjoyed positive net inflows.

The spotlight has been on Small Cap, Mid Cap and Sectoral/Thematic Funds, which have become the investment products of choice in 2023. The Small Cap Fund category, in particular, has stood out, attracting a substantial ₹33,479 Crore in net inflows since the beginning of the year.

In terms of AMC-wise distribution of equity inflows, ICICI Prudential AMC, Nippon Life India AMC, HDFC AMC, Quant AMC and Kotak Mahindra AMC collectively accounted for over 65% of the total equity inflows in the month of October.

The active fund category saw Parag Parikh Flexi Cap, Quant Small Cap and ICICI Pru Innovation Funds emerging as significant beneficiaries. Meanwhile, in the passive fund arena, Nippon India ETF Nifty 50 BeES, ICICI Pru Nifty 50 ETF and others have been at the forefront of attracting inflows.

Further diversifying their portfolios, equity mutual fund schemes have embarked on fresh investments in over 500 small cap stocks. Firms like BSE Ltd, One97 Communications and Tata Motors have been popular picks, while others such as Ideaforge Technology and Bank of Baroda saw complete exits by some schemes.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks, investment trends and fresh stock picks by AMCs during October month.

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

Overall Mutual Fund Industry Growth: Increment of 0.03% in average AUM to ₹47.80 lakh Crs with inflow of ₹80.53K Crs in October.

Equity Fund Inflows: Inflow surge by 42% to ₹19.96K Crs with positive inflows across all equity fund categories, including hybrid schemes.

Large and Small Cap Fund Trends: Large Cap funds reversing the outflow trend with inflows of ₹1.73K Crs after four consecutive months of outflows. Small Cap funds attracting the highest inflows, signifying investor confidence.

SIP Contribution: Record-setting SIP inflows at ₹16,928 Crs for the month of October.

Debt Fund Market Inflows: Liquid funds saw the highest inflow of ₹32.96K Crs, rebounding from last month’s outflow. Money Market funds also gained an inflow of ₹6.25K Crs.

Corporate and Short Duration Fund Flows: Corporate Bond funds reversed previous outflows, receiving ₹1.94K Crs in inflows. Short Duration funds attracted inflows of ₹1.28K Crs, ending a four-month outflow streak.

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

Crude oil continues to be a dominant force in the global energy landscape, and its flux has far-reaching implications for national security, economic growth and international alliances.

The history of oil is characterized by groundbreaking discoveries and pivotal geopolitical developments. The discovery of Middle Eastern oil fields early in the 20th century transformed the geopolitical landscape as oil became a strategic asset in global power games.

Key events like the formation of OPEC, Financial Crisis and the Gulf War highlighted oil’s role in world affairs. Despite recent challenges from renewable energies and climate change concerns, oil remains a central factor in international relations and economic stability.

The report also classifies crude oil according to its properties that determine the suitability of the oil for various end products.

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

Inflows into the equity mutual fund schemes declined by 30% to ₹14,091 Cr in September as compared to ₹20,245 Cr in August.

More than 350 small cap stocks were bought as fresh investment by equity mutual fund schemes in September.

Many equity mutual fund schemes preferred to do fresh investment in TVS Motor Company, RR Kabel, Zydus Lifesciences, JSW Infrastructure, Shriram Finance, Jupiter Lifeline Hospitals, Sai Silks, REC, Coal India, Power Finance Corporation and Trent.

Some equity schemes completely exited from Page Industries, Jio Financial Services, Aavas Financiers, Nykaa, ACC, HDFC AMC, HDFC Bank and Bharat Dynamics.

Small Cap Fund, Midcap Cap Fund and Sectoral/Thematic Funds categories are preferred investment products in 2023 so far.

Small Cap Fund category is favourite category for equity investment. This category received net inflows of ₹ 28,983 Cr since January, 2023.

Large Cap Fund and Focused Fund witnessed net outflows for this year till now.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks, investment trends and fresh stock picks by AMCs during September month.

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

AUM Increases: The Mutual Fund industry’s Average Assets Under Management (AUM) experienced a growth of 1.82%, escalating to ₹47.79 Lakh Crs, even amidst a net outflow of ₹66.19k Crs.

Equity Fund Inflows: Inflows into Equity-oriented schemes have seen a reduction, descending to ₹14.09k Crs from the previous ₹20.25k Crs.

Hybrid Scheme Popularity: Hybrid schemes continued to attract the highest inflows among the categories.

Debt Fund Outflows: The Debt category witnessed a substantial net outflow, specifically ₹1.06 Lakh Crs, with Liquid funds being the primary contributor.

SIP Inflows: Systematic Investment Plan (SIP) inflows continued their upward trajectory, reaching a new milestone of ₹16,420 Crs.

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

Inflows into the equity mutual fund schemes surged to a five-month high of ₹20,245 Cr in August as substantial increase compared to ₹7,626 Cr in July.

Small Cap Fund, Midcap Cap Fund and Sectoral/Thematic Funds categories are preferred investment products in 2023 so far.

Small Cap Fund category is favourite category for equity investment. This category received net inflows of ₹26,305 Cr since January, 2023.

Large Cap Fund, Focused Fund and Flexicap Fund Categories witnessed net outflows for this year till now.

More than 200 small cap stocks were bought as fresh investment by equity mutual fund schemes in August.

Many equity mutual fund schemes preferred to do fresh investment in Coforge, Zomato, SJS Enterprises, Suzlon, Concord Biotech, Rishabh Instruments, REC, Interglobe Aviation, SBFC Finance, Union Bank of India, Inox Winds, Mphasis, Tech Mahindra and BSE.

Some equity schemes completely exited from Zee Entertainment, Jio Financial Services, Axis Bank, SBI, HPCL, Ashok Leyland, Crompton Greaves, Eicher Motors and Kotak Mahindra Bank.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks, investment trends and fresh stock picks by AMCs during August month.

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

The average AUM has seen an uptick of 1.43%, settling at ₹46.94 Lakh Crs. This growth has been largely driven by significant inflows into equity mutual funds.

Equity schemes have witnessed a substantial rise with inflows increasing by 165%.

Hybrid category reported a net inflow of ₹17.08k Crs. Notably, Arbitrage funds stood out with an impressive ₹9.48k Crs.

Passive funds experienced a remarkable inflow of ₹4.54k Crs, a significant leap from ₹860 Crs the previous month.

The Debt category showed a net outflow of ₹25.87K Crs, predominantly due to liquid funds.

Lastly, SIP inflows have reached a record high, touching ₹15,814 Crs.

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