Equity Linked Saving Scheme

January 27, 2022

The last quarter of the year has arrived and also the time for tax planning before it is too late. ELSS investment can be considered, as it not only saves some taxes but also helps to ride through inflation (subject to equity market risk).

What is an ELSS and what are its features and benefits? Read through if you need more insights into this important investment avenue.

Equity MFs Performance and Activities – December, 2021

January 14, 2022

Equity mutual funds ended year 2021 on a strong note with record net inflows of ₹25,077 Cr in December month, taking the net inflows for the year to ₹ 96,670 Cr. All equity fund categories saw inflows in December.

Many Equity mutual fund schemes invested in the IPO stocks, include Medplus Health Services(11% stake) and CMS Info Systems(8% stake).

Overall considering all equity mutual fund schemes, there was selloff in Bharti Airtel, SBI, Kotak Bank, Persistent Systems and Tech Mahindra. There was buying in Reliance, ICICI Bank, HDFC Bank, Infosys, TCS, Wipro, L&T, Maruti, HCL Technologies, Axis Bank and Bajaj Finance.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks and fresh stock picks by Equity MF schemes during December month.

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

Mutual Fund Flows – December 2021

January 11, 2022

As per AMFI data released, Equity Funds witnessed record inflows whereas income/Debt Funds faced heavy redemptions in December.

All the Equity oriented schemes saw a steady inflow, with Multi Cap funds topping with Rs.10,516 Crs.

Overnight Funds and Dynamic Bond Funds were the only categories to get positive inflows in Income/Debt fund categories.

The contribution through monthly systematic investment plans (SIPs) rose to a record high of Rs.11,305 Crs. in December against ₹11,005 Crs. in November.

SBI AMC retained the top spot in Average AUM as well as absolute increase in AUM over the quarter, followed by ICICI and Kotak. HDFC, surprisingly was at 9th spot.

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

Will 2021 see a Santa Claus Rally?

December 15, 2021

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.

Since 1950, the S&P 500 has gained an average of 1.3% during Santa Claus rally periods. We tested this hypothesis on the Indian and other prominent equity markets.

To know the effect of this phenomenon on Indian markets and much more, please read through our report.

Equity MFs Performance and Activities – November, 2021

December 13, 2021

Equity mutual funds received net inflows of ₹ 11,615 crore in November month due to strong SIP book. This was the ninth consecutive month of inflows, cumulatively total inflows of ₹ 78,765 crore since March.

As per MFs activities in stocks, major stocks like Reliance, TCS, Maruti, M&M, Zensar Technologies, Sun Pharma and Dabur were new entry for some equity schemes. Some equity schemes completely exited from Tata Steel, HDFC Ltd, SBI Cards, IRCTC, ICICI Lombard, ONGC and Crompton Greaves.

Many Equity mutual fund schemes invested in the IPO stocks, include Nykaa (FSN E-Commerce), Policy Bazaar (PB Fintech), PayTM (One97 Communications), GoFashion and Latent View Analytics.

It is very interesting to know which schemes received major inflows, which schemes faced redemption pressure, top traded stocks and fresh stock picks by Equity MF schemes during November month.

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

Mutual Fund Flows – November 2021

December 10, 2021

As per AMFI data released, all five categories of Open ended schemes Income/Debt Oriented Schemes, Growth/Equity Oriented Schemes, Hybrid schemes, Solution oriented schemes, and other Open-ended schemes including Index schemes, ETFs, Fund of Funds schemes have reported positive flows during November 2021.

Despite the overhang of Omicron variant of Covid over the markets, Equity Oriented Schemes witnessed inflows of INR 11.61K Crs in November with maximum inflows in Flexi Cap Funds. SIP inflows touched new highs of INR 11,004 Crs.

Overall Debt Funds had inflows to the tune of INR 14K Crs with Liquid funds logging the maximum inflows to the tune of INR 53.2K Crs compared to outflow of INR 10.2K Crs in October and Overnight funds had the maximum outflow of INR 12.12K Crs compared to inflow of INR 6.3K Crs in October.

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

Equity MFs Performance and Activities – October, 2021

November 14, 2021

Equity mutual funds received net inflows of ₹ 5215 crore for the eighth consecutive month in October. Since March, equity funds logged  net inflows amounting to ₹ 73,766 crore. All equity categories except Value Funds and ELSS had net inflows in October.

As per MFs activities in stocks, IRCTC witnessed major sell off from 51 Equity MF Schemes in October month. Out of 51 schemes, 35 schemes fully sold off their IRCTC stake. Some equity schemes completely exited from HDFC life, Petronet LNG, IGL, Cipla, TCS, HUL, AIA Engineering and Tata Power.

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

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

Mutual Fund Flows – October 2021

November 12, 2021

Average Assets Under Management (AAUM) of Indian Mutual Fund Industry for the month of October 2021 stood at INR 38.21 Lakh Crs up 2.17% compared to the earlier month.

Equity Oriented Schemes witnessed inflows of INR 5.21k Crs in October. Sectoral/Thematic funds saw the highest inflow of INR 1,734 Crs.

Dynamic/Balance Advantage funds witnessed INR 11.2K Crs inflow whereas Arbitrage Funds saw outflows of INR 2.3K Crs due to low returns.

SIP inflows increased to record high of INR 10,518 Crs in October.

Debt Funds saw inflow of INR 12K Cr compared to INR 63K Cr outflow in September. Overnight funds followed by Floaters saw the biggest inflows in the debt category.

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

Muhurat Trading and Dhanteras

November 2, 2021

Dhanteras is the first day of Diwali. This day is considered extremely auspicious for the people who want to buy gold and silver.

As Diwali marks the beginning of the New Year or ‘Samvat’ (according to the Hindu calendar and we are currently in year 2077), it is believed that muhurat trading brings wealth and prosperity throughout the year. The auspicious muhurat trading session is held every year on the occasion of Diwali, for an hour. Muhurat trading session is on November 4, 2021, from 6:15 PM to 7:15 PM.

If you are interested in muhurat trading, our report will give you some facts about market behaviour and overall past returns for this type of trade.

Gold is also a popular investment during this time which we have also detailed in the report.

We wish you a joyful and prosperous Diwali. Happy trading and see you in Samvat 2078!

Bitcoin ETF as a New Investment Asset

October 30, 2021

You might be a crypto fan and confused about ETFs or you might be a finance expert and confused about how bitcoin fits into the world of ETFs… But it has happened. Bitcoin ETF trading began on October 19, 2021 on the New York Stock Exchange.

These are exciting times and a huge milestone for cryptocurrencies. To understand more about what Bitcoin ETFs are and how they relate to standard ETFs, check out our explainer.