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!
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 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 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.
The data released by AMFI for October 2022 month shows that Mutual Fund industry‘s Avg. AUM decreased by 0.87% mainly driven by drop in equity mutual funds inflows.
Increase in Avg. AUM of Equity Open ended schemes slows down by 0.2% to Rs. 26.04 Lakh Crs from previous month’s Rs.25.97 Lakh Crs.
The Hybrid schemes witnessed a net outflow for the 5th consecutive month primarily from the Arbitrage fund category. Index Funds and ETFs which includes both passive equity and debt schemes continued their good run.
Average AUM of Debt Funds in October decreased by 2.99% to Rs. 12.92 Lakh Crs. Liquid funds saw the highest net inflows of ₹19K Crs., largely a reversal from the previous month’s outflow of Rs.59.97K crs.
The SIP contribution surged to record high ₹13,041 Crs in October.
For all these snippets and much more please read through our Mutual Fund Flow October-2022 report.
Equity mutual funds received inflows of ₹ 14,100 crore in September as net inflows jumped 130 percent from the previous month.
Many Equity mutual fund schemes preferred to do fresh investment in Adani Enterprises, IndusInd Bank, Axis Bank, Tech Mahindra, LIC Housing Finance, BEL, Triveni Turbine, CG Power, GR Infraprojects and Harsha Engineers.
Some equity schemes completely exited from Tata Steel, Tata Motors, ACC, Mindtree, Voltas, Ambuja Cements, Vedanta and Bandhan Bank.
Banking, Finance, FMCG, Power, Trading and Gas Transmission were preferred investment sectors of Equity MF Schemes.
Some MF schemes exited their investments from Iron & Steel, Crude Oil, Insurance, Consumer Durable and Construction Materials sectors.
Small Cap Schemes and Mid Cap Schemes outperformed compared to benchmark indices for September month.
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 September month.
For all these snippets and much more please read through our report.
The data released by AMFI for September 2022 month shows that Mutual Fund industry‘s Avg. AUM increased by 0.87% to ₹39.87 Lakh Crs in September with net outflow of ₹41 K Crs, driven by selling in Debt schemes.
The Quarterly Average AUM for the quarter July-September 2022 of the Mutual fund industry also increased by 3.44% to ₹39.04 Lakh Crs compared to ₹37.74 Lakh Crs in the previous quarter of Apr-Jun 2022.
Equity oriented schemes witnessed inflow for the 19th consecutive month driven by Mid and Small Caps and Sectoral/Thematic Funds.
Average AUM of Debt Funds in September decreased by 0.59% to ₹13.32 Lakh Crs with the net outflow of ₹65K Crs. This is due to quarter-end withdrawals by institutional and corporate investors for advance tax payments. With expectation of rate hike and volatility, investors took comfort in Overnight Funds which continued to give 5%+ returns.
The SIP contribution grew to ₹12,976 Crs in September.
SBI Mutual Fund continued to enjoy the top slot for the 11th consecutive quarter in June. As per quarterly average AUM, Nippon gained by two spots to move at 4th place while Kotak Mahindra slipped to 6th place.
For all these snippets and much more please read through our Mutual Fund Flow September-2022 report.
Equity mutual funds received inflows of ₹ 6,120 crore in August. This is the lowest inflow of equity funds in the last 10 months.
Many Equity mutual fund schemes preferred to do fresh investment in Sona BLW Precision Forgings (6.2% stake), AU Small Finance Bank(1.5% stake), Rolex Rings (6.6% stake), HDFC AMC, Kotak Mahindra Bank, Tata Power, Ambuja Cements(1.5% stake) and Zomato.
Some equity schemes completely exited from HCL Technologies, NMDC, HDFC Life, Piramal Enterprises, Voltas, UPL, Muthoot Finance, Bharti Airtel, TCS and GAIL.
Banking, Power, Media & Entertainment, Chemicals, Automobile and Retailing were preferred investment sectors of Equity MF Schemes.
Some MF schemes exited their investments from Telecom, Insurance, .Oil & Gas, Mining, Iron & Steel and Agri.
Most of Equity mutual fund schemes underperformed compared with 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 August month.
For all these snippets and much more please read through our report.
The data released by AMFI for August 2022 month shows that Mutual Fund industry‘s Avg. AUM increased by 4.67% mainly driven by robust demand in the debt market.
Equity oriented schemes witnessed inflow for the 18th consecutive months.
The Hybrid schemes witnessed a net outflow of ₹6.6K Crs primarily from the Arbitrage fund category.
Average AUM of Debt Funds in August increased by 0.49% to ₹13.40 Lakh Crs and Liquid funds saw the highest net inflows of ₹50.09K Crs.
The SIP flows has increased to ₹12,693 Crs in August, compared to ₹12,139 in July.
For all these snippets and much more please read through our Mutual Fund Flow August-2022 report.
Equity mutual funds received inflows of ₹ 8,898 crore in July. This is the 17th straight month of investments. Due to volatile market conditions, inflows dropped by 43% compared to June month.
Many Equity mutual fund schemes preferred to do fresh investment in Kotak Mahindra Bank, Britannia, UPL, PB Fintech, HDFC Life, Tata Motors, Gland Pharma, SBI Cards, HAL and Cummins.
Some equity schemes completely exited from HCL Technologies, Power Grid, Wipro, ONGC, BPCL, Tata Steel, Crompton Greaves, Bajaj Auto, Polycab India, Ambuja Cements and Bank of Baroda.
Capital Goods, Alcohol, FMCG, Chemicals, Infrastructure and Realty were preferred investment sectors of Equity MF Schemes.
Some MF schemes exited their investments from IT, Oil & Gas, Iron & Steel, Agri and Electricals sectors.
Most of Equity mutual fund schemes underperformed compared with benchmark indices due to sharp rally in the equity market.
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 July month.
For all these snippets and much more please read through our report.