mutual fund flows

Mutual Funds Boom: Average AUM Skyrockets by 12.31% in Q2 FY25!

Mutual Funds on the Rise: In a strong show of resilience and investor confidence, the Mutual Fund industry has achieved a remarkable quarter-on-quarter growth, pushing Average Assets Under Management (AAUM) to a substantial ₹66.22 Lakh Crs for July-September 2024.

SBI Mutual Fund Makes History: For the first time in the history of Mutual Funds, SBI Mutual Fund’s Average Assets Under Management (AAUM) has crossed the ₹10 Lakh Crs mark last quarter. Dominating the industry, SBI Mutual Fund proudly secures its top spot for the 19th consecutive quarter, showcasing enduring leadership and investor trust.

Rising Stars in Mutual Funds: Driven by a surge in inflows, quant, Motilal Oswal, Mahindra Manulife, JM Financial, Zerodha and Groww Mutual Funds have elevated their positions in the mutual fund rankings, marking impressive progress over previous quarters.

SBI Mutual Fund Leads Absolute Growth: In the latest quarter, SBI Mutual Fund claimed the spotlight as the top gainer in absolute Average AUM growth, with ICICI, HDFC and Nippon India Mutual Fund close behind. This surge underscores the competitive energy and robust expansion shaping the mutual fund industry.

Top Percentage Growth Performer: In percentage growth of Average AUM, Old Bridge, Zerodha, JM Financial, Helios and Bajaj Finserv Mutual Funds outshone the competition this quarter, showcasing remarkable gains compared to the previous period.

For a comprehensive understanding and more insights, please go through our detailed report.

FPIs Bet Big on India in September: Equity Inflow Hits 9-Month High  – Foreign Portfolio Investors (FPIs) made a powerful return in September as net buyers, investing ₹57,724 Crs—the highest in nine months. This pushed year-to-date investments to an impressive ₹1,00,610 Crs. With ₹10,879 Crs channelled into primary markets like IPOs in September, FPIs are signaling strong confidence in India’s emerging opportunities.

FIIs Power Up Indian Debt Market: 2024’s Record-Breaking Year – Foreign Institutional Investors (FIIs) showcased robust confidence in India’s debt market, with a substantial ₹32,850 Crs investment in September alone. Total debt inflows have soared to ₹1,43,931 Crs in 2024, setting the stage for a record-breaking year in FII debt investments.

Mutual Funds Keep the Momentum: ₹32,264 Crs Invested in September – Mutual Funds maintained their momentum in September, pouring ₹32,264 Crs into the domestic equity markets, marking a robust buying streak.

FIIs Bet Big on Financial Services, Expand Across Key Sectors in September – Foreign Institutional Investors (FIIs) allocated nearly half of their investments to Financial Services, while also diversifying into Healthcare, Realty, FMCG, Consumer Durables, Capital Goods, Telecommunications and Services sectors— demonstrating a strategic and balanced investment approach.

FIIs Exit Key Sectors in September – FIIs reduced their stakes in Consumer Services, Automobile & Auto Components, Information Technology, Construction Materials and Oil & Gas sectors, signaling a strategic shift in their portfolio.

For a comprehensive understanding and more insights, please go through our detailed report.

The Sector/Thematic Fund category has once again claimed the top spot in the Equity Mutual Fund segment for the second consecutive month, reaching an all-time high Net AUM of ₹4,44,944 Crs. Close behind is the Flexi Cap Fund, with a Net AUM of ₹4.29 Lakh Crs.

Several equity mutual fund schemes have shown a strong preference for fresh investments in leading companies like Tata Motors, Zen Technologies, Adani Energy Solutions, PNB Housing Finance, HPCL, BPCL and Mankind Pharma.

Overall, equity mutual fund schemes have been actively accumulating shares in prominent companies such as Tata Motors, Zomato, Maruti Suzuki, Trent, ICICI Bank, Axis Bank, Tech Mahindra and ONGC, signaling their strong confidence in these market leaders.

Among the most actively traded small-cap stocks, various equity schemes directed their investments towards companies like Birlasoft, Electronics Mart, Aster DM Healthcare and MCX. At the same time, there was notable disinvestment from GE T&D India, SKF India, Gujarat State Petronet and Bayer CropScience.

For a comprehensive understanding and more insights, please go through our detailed report.

The Mutual Fund industry’s average AUM grew by 2.06%, reaching an impressive ₹65.04 lakh crore in August.

SIP investments hit a record high of ₹23,547 crore, marking 14 consecutive months of all-time high inflows.

Large Cap Funds witnessed a nearly 300% surge in inflows.

In contrast, Hybrid schemes saw a 43% decline in inflows.

Passive funds maintained their steady momentum, despite a slight decrease in inflows.

The average AUM of Debt Funds increased by 1.67%, despite a 62% decline in inflows, with Overnight Funds receiving the highest inflows.

For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for August, 2024.

FII Strategy Shift: Buying in Equity Markets – After a strategic shift in the second half of August, FIIs turned buyers in the domestic equity market, recording net purchases of ₹7,322 Crs. Notably, ₹12,872 Crs was channeled into primary markets, such as IPOs, signaling their confidence in new opportunities.

FIIs Boost Indian Debt Market in 2024’s Best Year Yet – FIIs have demonstrated strong confidence in the Indian debt market, making a significant investment of ₹17,953 Crs in August alone. With total debt inflows reaching ₹108,907 Crs in 2024 so far, this year is shaping up to be a record-breaking one for FII debt investments.

Mutual Funds Extend Equity Buying Streak – Mutual Funds continued their buying streak in August, injecting ₹31,685 Crs into the domestic equity markets.

FIIs Offload Heavily in Financial Services and Key Sectors – Despite being net buyers in August, FIIs executed substantial selloffs in the Financial Services sector, unloading a hefty ₹12,008 Crs from Financial Services. Other sectors facing significant FII exits included Metals & Mining, Construction Materials, Automobiles & Auto Components, Realty and Power.

FIIs Maintain Investment in Defensive and Growth Sectors – FIIs showed a strong preference for investments in the Healthcare, Information Technology, Consumer Durables, Consumer Services, FMCG,  Oil & Gas and Telecommunication  sectors in August.

For a comprehensive understanding and more insights, please go through our detailed report.

For the first time, the Sector/Thematic Fund category has emerged as the leading category in terms of Net AUM within the Equity Mutual Fund segment, achieving an all-time high Net AUM of ₹4,21,112 Crs, surpassing all other categories of Equity MF schemes.

Many equity mutual fund schemes have demonstrated a significant inclination towards fresh investments in well-established companies such as ITC, Vedanta, ONGC, Pitti Engineering, Techno Electric & Engineering Company, PNB Housing Finance, Crompton Greaves Consumer Electricals, Indus Towers, MCX, HDFC Life Insurance, ICICI Pru Life Insurance and Hindustan Unilever.

Several equity schemes have completely exited their holdings in companies such as Tata Steel, IndusInd Bank, Kotak Mahindra Bank, HDFC Bank, Bank of Baroda, TCS, The Ramco Cements, Vodafone Idea, BSE, Angel One and Container Corporation of India.

Among the most actively traded small-cap stocks, various equity schemes directed their investments towards companies such as Crompton Greaves Consumer Electricals, PNB Housing Finance, MCX, Sobha, Birlasoft, Whirlpool of India and Sun TV Network. Concurrently, there was notable disinvestment from Aditya Birla Fashion & Retail, Cholamandalam Financial Holdings and Laurus Labs.

For a comprehensive understanding and more insights, please go through our detailed report.

The Mutual Fund industry’s Avg. Assets Under Management soared by 5.50%, reaching an impressive ₹64.71 Lakh Crs in July.

The Avg. AUM of Equity Oriented Schemes saw a robust increase of 6.2%, reaching ₹28.50 Lakh Crs.

The Sectoral/Thematic funds attracted inflows of ₹18.39K Crs in July, slightly down from the ₹22.35K Crs  received in June.

Hybrid schemes witnessed a remarkable doubling in net inflows, reaching ₹17.44K Crs with major inflows in Arbitrage fund category.

The Avg. AUM of Debt Funds climbed by 5.05%, reaching ₹15.95 Lakh Crs in July, fueled by a net inflow of ₹1.19 Lakh Crs.

Investment through SIPs hit a new all-time high of ₹23,332 Crs in July, surpassing the previous record of ₹21,262 Crs set in June.

For an in-depth exploration, read through our comprehensive Mutual Fund Flow Report for July 2024.

Mutual Funds Boost Equity Investments Post-Budget – Mutual Funds ramped up their equity investments after the budget. Of the total ₹20,601 Crs invested in equities, a substantial ₹19,436 Crs was directed into the domestic equity market during the last seven trading sessions of July.

FIIs Shift to Selling Post-Budget Yet Invest ₹32,365 Crs in July – FIIs continued their robust investments in Indian equity markets until the budget. However, following the budget, FIIs shifted gears and began selling in the equity market. Despite this change in strategy, they still managed to invest a notable ₹32,365 crore in July.

FII’s Debt Market Investments Surge – FIIs have demonstrated robust confidence in the Indian debt market, making their second-largest investment of the year at ₹22,363 Crs in July. With overall debt investments reaching ₹90,988 crore so far this calendar year, 2024 is shaping up to be the best year yet for FII debt investment.

FII Buying in Key Sectors – FIIs showed a strong preference for investments in the Information Technology, Metals & Mining, Automobile & Auto Components, Healthcare, Capital Goods, Consumer Services and Telecommunication sectors in July.

FII Selling in Key Sectors – FIIs sold off their holdings in the Financial Services, Power, Construction, Chemicals, Consumer Durables and Utilities  sectors in July.

For a comprehensive understanding and more insights, please go through our detailed report.

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In the first half of 2024, Equity Mutual Funds attracted massive inflows totaling ₹1,65,502 Crs, with a significant 42% of these investments channeled into Sector/Thematic Funds alone. This trend persisted in June, with an impressive ₹22352 Crs or 55% of June inflows being allocated to Sector/Thematic Funds.

Many equity mutual fund schemes have demonstrated a significant inclination towards fresh investments in well-established companies such as Indus Towers, Craftsman Automation, Mphasis,  ZF Commercial Vehicle Control Systems, Transformers & Rectifiers, Kotak Mahindra Bank, The Ramco Cements, HDFC Bank, Interglobe Aviation, Mahindra & Mahindra, Samvardhana Motherson International and Hindustan Unilever.

Several equity schemes have strategically exited their holdings in companies such as ONGC, REC, NHPC, NTPC, BHEL, Max Financial Services, Container Corporation of India, Adani Power, Canara Bank, Punjab National Bank, Bank of Baroda, IndusInd Bank and Coforge.

Among the most actively traded small-cap stocks, various equity schemes directed their investments towards companies such as Craftsman Automation, Kalpataru Projects, The Ramco Cements, Sansera Engineering, Aster DM Healthcare and Sun TV Network. Concurrently, there was notable disinvestment from Whirlpool of India, Cholamandalam Financial Holdings and Crompton Greaves Consumer Electricals.

For a comprehensive understanding and more insights, please go through our detailed report.