Mutual Fund Flows – July 2023

August 11, 2023

The Mutual Fund industry‘s Avg. AUM increased by 3.26% to ₹46.28 Lakh Crs in July.

Avg. AUM of equity oriented schemes increased by 4.8% compared to the previous month despite a 12% fall in inflows.

Arbitrage funds continue to witness maximum net inflow among Hybrid categories.

Debt category witnessed a net inflow of ₹61.44K Crs. compared to outflow of ₹14.14K Crs in the previous month.

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

Equity MFs Performance and Activities – June 2023

July 13, 2023

Inflows into Indian equity mutual funds rose to ₹8,638 crore in June,  higher than May’s ₹3,240 crore.

Many equity mutual fund schemes preferred to do fresh investment in Shriram Finance, Timken India, TD Power Systems, HDFC AMC, Sansera Engineering, Ideaforge Technology, Coal India, REC, PFC, Bajaj Auto, M&M Financial Services, Torrent Pharma and Kotak Mahindra Bank.

Some equity schemes completely exited from Eicher Motors, Gujarat Gas, IEX, Hindustan Aeronautics, Power Grid, HDFC Life, UPL , Adani Ports, L&T and SBI.

Small Cap Schemes got highest inflows of ₹5,472 Cr, out of which Nippon Small Cap Fund received inflows more than ₹1,200 Cr. HDFC Small Cap Fund, Quant Small Cap Fund and Tata Small Cap Fund received good amount of inflows.

Due to redemption pressure in Axis Bluechip Fund, Mirae Asset Large Cap Fund and Aditya Birla SL Frontline Equity Fund, large cap mutual fund schemes witnessed outflows of ₹2,050 Cr.

Electricals, Insurance, Mining, IT, Textile and Aviation were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Power, Telecom, Chemicals, Gas Transmission, Iron & Steel and Logistics 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 June month.

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

Mutual Fund Flows – June 2023

July 12, 2023

The Mutual Fund industry‘s Avg. AUM increased by 4.4% to ₹44.82 Lakh Crs in June.

Flows into equity mutual funds doubled compared to the previous month driven by record net investment in Small Cap funds.

Arbitrage funds continue to witness maximum net inflow among Hybrid categories.

Debt category witnessed net outflow in June after two consecutive months of inflows. Liquid funds witnessed maximum outflows; driven by corporates withdrawing money for quarter end advance tax payments.

The total Average Qtrly AUM of the Mutual fund industry increased by 6.34% to ₹43.08 Lakh Crs. compared to ₹40.51 Lakh Crs in the previous quarter. SBI Mutual Fund continued to enjoy the top slot for the 14th consecutive quarter.

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

Equity MFs Performance and Activities – May 2023

June 13, 2023

Inflows into Indian equity mutual funds halved sequentially to ₹3,240 crore in May, the lowest since November 2022.

Many equity mutual fund schemes preferred to do fresh investment in Mankind Pharma, Vedant Fashions, Coforge, CIE Automotive India,  Dixon Technologies, HDFC Life, M&M Financial Services, Shriram Finance and IndusInd Bank.

Some equity schemes completely exited from Kotak Mahindra Bank, Gland Pharma, Tata Chemicals, Cipla, Axis Bank. Page Industries, Aditya Birla Fashion & Retail, Siemens, M&M , Maruti, Mphasis and Dr. Reddy.

Due to redemption pressure in Axis Bluechip Fund, Mirae Asset Large Cap Fund and SBI Bluechip Fund, large cap mutual fund schemes witnessed outflows of ₹1362 Cr.

Nippon Small Cap Fund (Small Cap Category) and Kotak Emerging Equity Fund ( Mid Cap Category) received major inflows in May.

Textile, Realty, Retailing, Consumer Durables, Diamond & Jewellery and Infrastructure were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from Hospitality, Aviation, Chemicals, Logistics, Mining and Capital Goods 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 May month.

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

Mutual Fund Flows – May 2023

June 10, 2023

The Mutual Fund industry‘s Avg. AUM increased by 3.42% to ₹42.94 Lakh Crs in May.

Flows into equity mutual funds is the lowest since Nov-22.

Arbitrage funds continues to witness maximum net inflow of ₹6.64K Crs.

Among the debt category, Liquid funds witnessed maximum inflows.

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

Alternative Investment Funds: Beyond the Traditional Investments…

June 1, 2023

The financial market in India is evolving at a rapid pace, as there is a rising trend of HNIs looking beyond traditional investment options.

HNIs are increasingly seeking personalized solutions that can help diversify and grow their wealth at a much higher rate than commonly available investment options.

The growth of Alternative Investment Funds (AIFs) as an asset class in India has been significant in the last few years.

As per SEBI, Indian AIF industry is standing at Rs 8.33 lakh crore commitments raised as on 31st March 2023, an incredible 10 times growth in the past 6 years.

According to SEBI, there are more than 1000 registered AIFs in India right now.

If investors are looking for diversification in the existing portfolio and higher growth in wealth, investors should consider investment in AIF.

For more information on AIFs please read through our report.

Mutual Fund Flows – April 2023

May 12, 2023

The Mutual Fund industry‘s Avg. AUM increased by 3.70% to ₹41.52 Lakh Crs in April with net inflow of ₹1.21 Lakh Crs, largely driven by inflows in debt mutual funds.

Flows into equity mutual funds in April slowed down to ₹6,480 Crs from ₹20,534 Crs in March.

The passive funds witnessed an inflow of ₹6.95k Crs in April. The net inflows in Index funds dropped from ₹27.32k Crs to ₹147 Crs in April as the benefits of LTCG tax and indexation for debt mutual funds ended on 31st March 2023.

Among the debt category Liquid funds witnessed maximum inflows.

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

Mutual Fund Flows – March 2023

April 18, 2023

Average AUM of Mutual Fund Industry decreased by 1.58% to ₹40 Lakh Crs in March due to large outflow in debt and hybrid funds.

Inflows in Equity oriented schemes increased to a 12-month high of Rs. 20.53k crs.

The net inflow in passive funds increased more than three times to Rs. 26.8k crs. from previous months Rs. 6.49k crs.

Among the debt funds, Liquid funds continued to witness highest outflows; whereas, investors’ focus shifted to higher duration funds after government introduced changes to mutual fund taxation in the Finance Bill.

The Average Quarterly AUM of the Mutual fund industry increased by 0.61% to Rs. 40.51 Lakh Crs.

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

Equity MFs Performance and Activities – March 2023

April 17, 2023

Equity mutual fund inflows hit a 12-month high in March. Equity mutual funds witnessed a total inflow of ₹20,534 crore in March as against an inflow of ₹15,685 crore in February.

Many equity mutual fund schemes preferred to do fresh investment in Canara Bank, Varun Beverages, HAL, Page Industries, HDFC AMC, Mahindra CIE Automotive, Infosys, NMDC, Adani Wilmar and Apollo Tyres.

Some equity schemes completely exited from Gland Pharma, Firstsource Solutions, Yes Bank, Bandhan Bank, GAIL India, Britannia Industries, Vedanta Ltd, National Aluminium Company and Bajaj Auto.

Textile, FMCG, Mining, Power, Oil & Gas and Capital Goods were preferred investment sectors of Equity MF Schemes.

Some MF schemes exited their investments from IT, Alcohol, Insurance, Logistics, Consumer Durables and Telecom sectors.

Small Cap Schemes got net inflows of ₹ 2,430 Cr while Mid Cap Schemes received inflows of ₹ 2,129 Cr. Kotak Emerging Equity Fund and Nippon Small Cap Fund received  high inflows compared to other schemes.

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 March month.

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

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.