Equity MFs Performance and Activities – April, 2022

May 16, 2022

Equity mutual funds received inflows of ₹ 15,890 crore in April, compared to March’s ₹28,463 crore. This is the 14th  straight month of investments despite selling pressure from FIIs.

Many Equity mutual fund schemes preferred to do fresh investment in HDFC Bank, HDFC, Reliance, SBI Cards, Bandhan Bank, ZEE Entertainment, TVS Motor, Gland Pharma and Endurance Technologies.

Mutual fund schemes trimmed the exposure in ITC, TCS, HUL, NTPC, Tata Steel and Kotak Mahindra Bank.

Many Equity mutual fund schemes completely exited from their investments in Tech Mahindra, Maruti, L&T, Jubilant Foodworks, TCS, Indraprastha Gas and Manappuram 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 AMCs during April month.

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

Mutual Fund Flows – April 2022

May 11, 2022

The data released by AMFI for April 2022 month shows that Mutual Fund industry‘s Avg. AUM increased by 3.15% to its all-time-high of INR 38.88 Lakh Crs in April 2022 with net inflow of INR 72.84K Crs.

All categories of Equity Open ended schemes witnessed positive flows.

The Equity mutual funds saw 14th consecutive inflow for the month, the inflow for the month was INR 15.89K Crs.

The volatility in the market and fear around macros both globally and locally; and consistent FII outflows; provided investors a good entry point into the equities.

The Debt mutual funds’ Average AUM in April increased by 0.95% with the inflow of INR 54.76K Crs; the inflow was led mainly by Liquid funds as the corporates brought their money back to the market in April (first month of the financial year) which was typically redeemed in the previous month March.

The SIP contribution dropped from its highest to INR 11.86K Crs.

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

Equity MFs Performance and Activities – March, 2022

April 14, 2022

Equity mutual funds received highest ever inflows of ₹ 28,463 crore in March. This is the 13th straight month of investments despite selling pressure from FIIs.

Many Equity mutual fund schemes preferred to invest in Kotak Mahindra Bank, Maruti Suzuki, HDFC Bank, ICICI Bank, HDFC, ONGC, L&T, HUL and UltraTech Cement. Mutual fund schemes trimmed the exposure in ITC, Hindalco, Bharti Airtel and Sun Pharmaceuticals.

Paytm, Nykaa, Star Health Insurance and Intellect Design were new entrants for several equity schemes in their portfolio.

Equity mutual fund schemes preferred to invest in Hospitality, Agriculture, Media & Entertainment and Ratings 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 March month.

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

Mutual Fund Flows – March 2022

April 11, 2022

The data released by AMFI shows that Mutual Fund industry‘s Avg. AUM decreased by 2.23% to INR 37.70 Lakh Crs in March 2022 with net outflow of INR 69.88K Crs, due to outflows in debt funds.

The Equity mutual funds saw 13th consecutive inflow for the month, the inflow in the month of March is INR 28.4K Crs. ; these were largely driven by NFOs and SIP flows.

Despite geopolitical uncertainty, spike in oil prices and consistent FPI outflows; investors kept their faith in Indian equities. Each of the specific categories of equity funds saw positive flows in the month of Mar-22 as investors looked to hunt for value amidst the fall.

Arbitrage funds was the only category amongst Hybrid schemes which witnessed outflow of INR 6.8K Crs due to expected increase in volatility in stock market.

The Debt mutual funds’ Average AUM in March decreased by 5.54% with the outflow of INR 1.14 Lakh Crs across all categories; this was driven by corporates withdrawing money for advance tax payments at the close of the financial year. Also, the likelihood of a further rise in bond yields led to outflows from some debt fund categories that invest in longer-term papers.

The SIP contribution rose to the highest ever INR12,328 Crs., up almost 8% from the previous month.

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

Mutual Fund Average AUM – March 2022

April 7, 2022

The average assets under management (AAUM) for the domestic mutual fund (MF) industry grew 19.5% from ₹32.1 Lakh Crs. in March 2021 quarter to ₹38.4 Lakh Crs. during the March 2022 quarter.

SBI AMC continues to enjoy the top slot for the 9th consecutive quarter with AAUM of ₹6.47 Lakh Crs. Meanwhile the top 10 AMCs continued to be the same for the 3rd consecutive quarter.

Notable mentions for NJ and Quant AMCs, showed the maximum increase AAUM (QoQ) on smaller bases. The AAUM of Quant mutual fund increased immensely on higher percentage as compared to last year quarter AAUM.

HDFC and IDFC mutual funds had maximum negative flows for the quarter. IDFC mutual fund’s AAUM dropped maximum from ₹1.25 Lakh Crs in March 2021 quarter to ₹1.21 Lakh Crs in March 2022 quarter.

Baroda & BNP Paribas Mutual Fund got merged, with the merged entity occupying the 21st slot, moving ahead of LIC & PGIM Mutual Funds. Samco Mutual Fund is the latest entrant in the AMC business, garnering assets worth ₹366.63 cr.

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

Equity MFs Performance and Activities – February, 2022

March 15, 2022

Equity mutual funds received Rs 19,705 cr net inflow in February. This is the twelfth straight month of investments.

Many Equity mutual fund schemes invested in Vedant Fashions IPO. Overall Equity mutual funds acquired 7.04% stake in Vedant Fashions and 4.7% stake in Equitas Small Finance Bank.

Cipla, Tata Motors, Bank of Baroda , Maruti, HDFC, Hindalco, Mphasis, Bharat Forge, Power Grid, Ashok Leyland and Metropolis were new entrants for several equity schemes in their portfolio.

Equity mutual fund schemes preferred to invest in Insurance, Textile, Mining, Capital Goods and Hospitality sectors in February.

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 February month.

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

Mutual Fund Flows – February 2022

March 9, 2022

The data released by AMFI shows that Mutual Fund industry‘s Avg. AUM decreased by 0.83% to Rs.38.56 Lakh Crs in February 2022 with net inflow of Rs.31.53K Crs., despite witnessing significant outflows from FIIs due to high global inflationary environment and Russia-Ukraine tension. Domestic investors continue to support the market by investing in Indian equities.

The Equity mutual funds saw a net inflow of Rs.19.70K Crs. in February; and as per SEBI data, Mutual fund industry bought Rs.28.18K Crs. in Indian market which indicates that domestic investors took advantage of the market correction amid foreign institutional investors’ sell-off.

The Debt mutual funds saw net outflows of Rs.8.27K Crs due to uncertainty in the rate movement.

There were positive flows across Equity oriented scheme categories. Flexi Cap Funds continues to lead the inflow pack. Large cap fund inflow also increased to Rs.2.34K Crs. up from Rs.1.89K Crs the previous month.

The SIP contribution fell marginally lower to Rs.11.44K Crs. from Rs.11.52K Crs. in January.

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

Equity MFs Performance and Activities – January, 2022

February 14, 2022

Equity mutual funds log Rs 14,888 cr net inflow in January. This is the eleventh straight month of investments despite selling pressure from FII.

Bajaj Auto, HDFC Bank, Tata Motors, Apollo Hospitals, Tech Mahindra, HAL, NTPC, M&M and Cholamandalam Investment were new entrants for several equity schemes in their portfolio.

Many Equity mutual fund schemes completely exited from their investments in Zomato, Nykaa, Mindtree, Bharti Airtel, Mphasis, Infosys, Tata Consumer and Motherson Sumi.

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 January month.

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

Mutual Fund Flows – January 2022

February 10, 2022

As per the data released by AMFI, Equity funds witnessed a fall in inflow in January 2022, as they stood at ₹14,887.77 Crs., compared to ₹25,082.54 Crs. seen in December 2021.

The Income/Debt Funds in January 2022 saw an inflow of ₹5,081.61 Crs, rise from the staggering net outflow of ₹49,037.52 Crs. recorded a month earlier.

Out of all Debt funds, Liquid funds saw maximum outflow of ₹14.3K Crs. due to rise in short term rates and volatility in returns whereas Overnight funds witnessed maximum inflow of ₹19.3K Crs.

Index Funds continued their good run with positive inflows.

The contribution through monthly systematic investment plans (SIPs) rose to a record high of ₹11,517 Crs in January.

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

Pre-Budget and Post-Budget Analysis of Indices

January 28, 2022

Union Finance Minister Nirmala Sitharaman is all set to present the Budget 2022 on 1st February. Budget is one of factors that affect the stock market. The budget tends to create quite a lasting effect in the form of fluctuations in overall indices, the change in the market stance and much more.

Two years back, we published one report on Pre-Budget and Post-Budget Analysis of Indices. We have mentioned few observations regarding the behaviour of Indian benchmark indices before and after the budget. We have updated all the returns till now to validate the trend observed for last 14 years.

To know those observations and much more, please read through our report.