Equity MFs Performance and Activities – February 2023

March 16, 2023

Equity mutual fund inflows hit nine month high in February. Equity mutual funds witnessed a total inflow of ₹15,685 crore in February as against an inflow of ₹12,546 crore in January.

Many equity mutual fund schemes preferred to do fresh investment in LTIMindtree Ltd, GAIL, Ultratech Cement, Syngene International, Coforge, L&T, Kotak Mahindra Bank, NTPC, Voltas, Alkem Laboratories and ITC.

Some equity schemes completely exited from Adani Ports, Bank of Baroda, Ambuja Cements, Canara Bank, ICICI Bank, SBI Life Insurance, ACC, IndusInd Bank, City Union Bank, HPCL, Cummins India and BEL.

IT, Construction Materials, Consumer Durables, Oil & Gas and Infrastructure were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Insurance, Logistics, Alcohol, Chemicals, Iron & Steel and Non-Ferrous Metals sectors.

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

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

Mutual Fund Flows – February 2023

March 13, 2023

Average AUM of Mutual Fund Industry marginally decreased by 0.28% to ₹40.06 Lakh Crs in February.

Equity oriented schemes witnessed a nine month high net inflow despite volatility in the stock market. However, SIP contribution fell from its all time high.

The net inflow in passive funds increased by 64% to ₹6.48k crs.

Among the debt funds, Liquid funds witnessed highest outflows; whereas, there appears to be slight increase in the fund flows to long term debt funds.

For all these snippets and much more please read through our Mutual Fund Flow February-2023 report.

Equity MFs Performance and Activities – January 2023

February 16, 2023

Equity mutual fund inflows hit four month high in January on strong SIP flows. Inflows into  equity mutual  schemes increased by 72%  to ₹ 12,546 crore in January compared to ₹7,303 crore inflow in December.

Many equity mutual fund schemes preferred to do fresh investment in Tata Steel, SBI, Tata Motors, Bank of Baroda, TVS Motor, HPCL, Eicher Motors and Samvardhana Motherson International.

Some equity schemes completely exited from Max Financial Services, Gland Pharma, Ultratech Cement, Ambuja Cements, ITC, Maruti Suzuki, HCL Technologies, Cholamandalam Investment, Coal India and Adani Enterprises.

Iron & Steel, Telecom, Textile, Hospitality, Alcohol and IT were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Aviation, Logistics, Trading, Gas Transmission, Retailing and Media sectors.

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

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

Mutual Fund Flows – January 2023

February 10, 2023

Mutual Fund Industry Average AUM rose to ₹40.08 Lakh Crs in January, marginally higher than the previous month.

Avg. AUM of  Equity oriented schemes decreased by 1.5% despite a 70% rise in net inflows compared to December month.

With spreads improving, Arbitrage funds saw inflows of ₹2.05k Crs, as investors preferred them over liquid funds for better tax efficiency.

Average AUM of Debt Funds increased by 2.06% to ₹13.24 Lakh Crs with a fall in net outflows at ₹10.32k Crs.

For all these snippets and much more please read through our Mutual Fund Flow January-2023 report.

Equity MFs Performance and Activities – December 2022

January 16, 2023

AUM of Mutual Fund Industry as on December 31, 2022 stood at ₹ 39.88 lakh crore. Inflows into  equity mutual  schemes more than tripled to ₹ 7,303 crore during December as against ₹ 2,258 crore in November.

Many equity mutual fund schemes preferred to do fresh investment in IPO stocks, include KFin Technologies(7.58% Stake) and Elin Electronics. Other preferred stocks for fresh investment are Jindal Steel and Power, Eicher Motors, LIC, Axis Bank, GAIL, The Federal Bank, Canara Bank, Tata Motors and TVS Motors.

Some equity schemes completely exited from Dr. Reddy’s Laboratories, Bank of Baroda, Tata Power, Amara Raja Batteries, The Ramco Cements, Info Edge, Laurus Labs, SRF and Tata Chemicals.

Bank, Iron & Steel, Insurance, Crude Oil, IT and Telecom were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Textile, Consumer Durables, Agri, Construction Materials, Trading and Diversified sectors.

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

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

Mutual Fund Flows – December 2022

January 12, 2023

Mutual Fund Industry Average AUM increased by 0.66% to Rs.40.76 Lakh Crs in December.

Equity oriented schemes witnessed a three times rise in inflow compared to previous month; maximum inflows was seen in Small Cap funds followed by Mid Cap funds.

After 6 consecutive outflows, Hybrid schemes witnessed a net inflow of Rs.2.26K crs.

Average AUM of Debt funds decreased by 0.30% to Rs.12.97 Lakh Crs with net outflows of Rs.21.95k Crs where maximum outflow was seen in Liquid funds.

For all these snippets and much more please read through our Mutual Fund Flow December-2022 report.

Will 2022 see a Santa Claus Rally?

December 23, 2022

HO HO HO!

It’s that time of the year when the markets look forward to a SANTA CLAUS RALLY! However with markets lagging ahead of the Christmas holidays, can it be expected this year?

Last year, we published our first report on ‘A Santa Claus Rally’. This phenomenon was witnessed across all global markets in 2021.

What is it? Will it happen again this year? Read on for details!

Equity MFs Performance and Activities – November 2022

December 15, 2022

Mutual Fund Industry AUM has crossed ₹ 40 lakh crore for the first time to reach AUM of ₹ 40.49 lakh crore in November 2022. Inflows into the of equity schemes dropped to ₹ 2,258 crore during November against ₹ 9,390 crore in October.

Many equity mutual fund schemes preferred to do fresh investment in IPO stocks, include Archean Chemical, Global Health, Bikaji Foods and Fusion Microfinance. Other preferred stocks for fresh investment are Delhivery, NTPC, Union Bank of India, Nykaa and PB Fintech.

Some equity schemes completely exited from HDFC Life, ICICI Pru Life, SBI Life, ICICI Lombard, Divis Lab, Zomato, Dr. Reddy’s Lab, The Indian Hotels, LIC Housing Finance, ABB India, Power Finance and Tube Investment.

Capital Goods, Electricals, Power, Telecom, Aviation and Logistics were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Insurance, Hospitality, FMCG, Consumer Durables, Oil & Gas and Realty sectors.

Most of equity schemes underperformed compared to the benchmark indices in November. Major large cap equity schemes witnessed redemption pressure.

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

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

Mutual Fund Flows – November 2022

December 10, 2022

Mutual Fund Industry Average AUM surged to new peak crossing Rs. 40 lakh crores for the first time ever.

Equity oriented schemes saw a 75% fall in net inflow as compared to the previous month. SIP contributions, however continued to rise to new highs of Rs.13,307 Crs in November.

The Hybrid schemes witnessed a net outflow for the 6th consecutive month primarily from the Arbitrage fund category followed by Dynamic/Balance Advantage fund.

Among Debt Funds, Liquid funds saw the highest net inflows of Rs. 34K Crs which largely absorbed the outflows of Overnight funds.

For all these snippets and much more please read through our Mutual Fund Flow November-2022 report.

Equity MFs Performance and Activities – October, 2022

November 17, 2022

Equity mutual funds received inflows of ₹ 9390 crore in October as net inflows dropped 34 percent from the previous month.

Many equity mutual fund schemes preferred to do fresh investment in Electronics Mart IPO(6.10% stake), Zee Entertainment, IndusInd Bank, Tata Chemical, Canara Bank, Delhivery, Karur Vysya Bank, Phoenix Mills, Bajaj Finance and Reliance.

Some equity schemes completely exited from NMDC, Voltas, L&T, SBI Cards, SAIL, The Indian Hotels Co and Hero MotoCorp.

Chemicals, Media & Entertainment, Aviation, Plastic Products, Diamond & Jewellery and Hospitality were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Iron & Steel, Mining, Infrastructure, Agriculture, Construction Materials and Telecom sectors.

In October, large cap indices gained more than 4% while midcap and smallcap indices increased by 2%. Most of Mid Cap Schemes and Small Cap Schemes underperformed compared to the benchmark indices.

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

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