Mutual Fund Flows – January 2021

February 10, 2021

Equity mutual funds continued to witness outflows for the seventh straight month even as the benchmark indices scaled new peaks. However, investors infused Rs 2,142 crore in Hybrid schemes.

SIP inflow in December dipped to Rs 8,023 crore from Rs 8,418 crore in the previous month. The total number of SIP folios saw a marginal jump to 3.55 crore from 3.47 crore.

Within the Debt schemes, Liquid funds logged maximum outflow to the tune of Rs 45,316 crore and Low Duration funds saw outflows of Rs 8,041 crore.

Other categories, such as Short-Duration funds, Corporate Bond funds and Banking and PSU funds, witnessed net inflows. Credit-Risk funds saw net inflows of Rs 366 crore in January.

For all these details and much more please refer to our detailed report attached.

Mutual Fund Flows – December 2020

January 12, 2021

The Mutual Fund industry ended the year 2020 with an average AUM of 30.96 Lakh crores in the month of December.

Soaring equity markets provided an opportunity for a lot of investors to book profits which was clearly visible from heavy redemptions across equity mutual fund categories. However sectoral and thematic funds still lured interest of investors with a positive inflow.

Anticipation of rate hike in credit policy due to heavy liquidity and fear of inflationary pressure had led to increase in yields and as a result decrease in returns in the first half of December. As a result, categories like Ultra Short Duration, Low duration and money markets faced heavy redemptions.

Liquid and Overnight funds saw inflows as these categories are used by companies to park their short-term money.

Sovereign Gold Bonds

January 8, 2021

Add the sheen of Gold to your Investments with the Sovereign Gold Bond Funds.

With the Government of India’s Sovereign Gold Bonds Scheme you can earn an assured interest rate eliminating risk and cost of storage.

Benefits of investing in SGBs:

  • Attractive Interest with asset appreciation opportunity
  • Redemption linked to Gold Price
  • Elimination of risk and cost of storage
  • Exempt from Capital gains tax, if held till maturity

Mutual Fund Flows – November 2020

December 10, 2020

November month saw a new milestone for MF industry with Rs. 30 Lakh Crore net assets under management.

Indian equity markets saw a surge due to highest ever monthly inflows of FII in Indian markets and better than expected economic data. This surge was treated as an opportunity to book profits and heavy redemptions were seen in equity mutual fund schemes across categories.

In debt, money flowed from low duration categories to higher duration categories for better returns through accruals in a low interest rate scenario.

Credit Policy Update

December 4, 2020

The MPC of the Reserve Bank of India unanimously voted to keep the key rates unchanged and maintained an accommodative stance amid elevated inflation constraints. Find below the key highlights and implications of the policy on 4th December 2020.

Mutual Fund Flows – October 2020

November 12, 2020

The Mutual Fund industry recorded its highest ever total Assets Under Management (AUM) in October 2020.

The Industry AUM has grown leaps and bounds from Rs.6.46 trillion as on 31st Oct 2010 to reach Rs.28.23 trillion as on 31st Oct 2020.

Equity funds witnessed net outflow of Rs 2,725 crs in October, as against Rs.734 crs during the previous month.

Debt schemes and Corporate Bond Funds saw the biggest inflows in October in more than a year.

For all this and more such analysis do have a look at our report on Mutual Fund Flows – Oct 2020

US Elections 2020 Explained

November 3, 2020

As the world awaits the outcome of the US elections, check out some of these interesting facts:

  • This is the first Presidential election with both candidates over 70
  • If Biden wins, he will be the oldest person to be elected as President at 78
  • Winning the most votes doesn’t always win you the elections

American elections are quite different from what we have in India. Read our complete report for more fun facts and a quick brief to help you prepare for election day.

Mutual Fund Flows: September 2020

October 9, 2020

In September 2020, the mutual fund industry saw a net outflow of approx. INR 52,000 Crs with a decrease in the Avg. AUM  by 0.14%.
Notably, in the Debt category, Liquid Funds faced heavy outflows on account of advance tax payments in the quarter end.
Do have a look at a brief analysis of the Mutual Fund Flows of September 2020 for more information.

Knowledge Series: October Surprise

October 6, 2020

This year has already been an exceptional year for surprises from COVID and Lockdowns to crashing economies, and now we have the US Elections. 

The run up to the elections have already started with news of Trump’s COVID results coming positive. What more do we have in store for the “October Surprise” in the much anticipated US Elections of 2020?

Here is a look at the US Equity markets over the last 30 years in the month of October, in an Election Year versus a Non- Election Year.

Mutual Fund Flows – July 2020

August 11, 2020

Mutual Fund Flows – July 2020

– Net inflows into Mutual Fund schemes increased by approx INR 90,000 Crs primarily through net additions in Debt Funds and ETFs.
– SIP inflows continued their slide for the fourth consecutive month.
– Average AUM of Debt Fund increased by 4.6% to INR 12.92 Lakh Crs.

Let’s take a look at the attached detailed analysis of Mutual Fund flows for the month of July 2020.