Large-cap Funds

The picture is even weaker for regular plans, with just two schemes managing to stay ahead of the benchmark

Tracks index but flexes 5 tactical levers to seize alpha passive peers can't touch

Large-cap funds have shown steady performance, with recent results pointing to improving earnings momentum across leading companies. Experts say valuations look appealing for long-term investors

From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts

Quality-focused funds also gain traction amid shift in market trends

Largecap companies are generally less vulnerable to economic slowdowns than their mid- and smallcap counterparts

his strategic approach comes as micro-cap indices emerged as the standout performers in September 2024, gaining 2.4%, slightly ahead of large-cap peers like the Nifty 100

Flexicap slips to the second spot, largecap to fourth

The threshold has jumped from Rs 67,000 crore and Rs 22,000 crore after the end of the previous rebalancing in December 2023

The long-term trend may suggest a reversal if Nifty50 falls below 20,000

Investors flocked to large-cap oriented mutual funds with influx of Rs 1,287 crore in January, making it the highest fund infusion in 19 months, as a significant run-up in small and mid caps prompted them to book profit. This is a huge turnaround following a net outflow of Rs 281 crore in December. Also, the quantum was 80 per cent higher than inflows of Rs 716 crore in January last year. The latest inflow helped push the asset base of large-cap equity category by 26 per cent to Rs 3 lakh crore at January-end from Rs 2.38 lakh crore a year ago. According to latest data by Association of Mutual Funds in India (Amfi), equity mutual funds focused on large-cap received inflow to the tune of Rs 1,287 crore in January. This was the highest level since July 2022, when the category saw an inflow of Rs 2,052 crore. Given the significant run-up in small and mid caps, investors are booking some profits and rebalancing into large-caps, Kaustubh Belapurkar, Director - Manager Research at ...

Experts believe these returns are on the expected lines considering that most flexicap fund managers maintain over 60 per cent allocation in largecaps consistently

Will 2024 bring relief for Apple? What is driving increased Indian FDI into Dubai? Will large-cap MFs find their mojo back in 2024? What is the Eurasian Economic Union? All answers here

Valuation is comfortable for large-caps, but there is little margin of safety in the broader market categories, analysts said

The blue-chip Nifty 50 has risen more than 16% from its March lows, compared to a 37% rally in mid-caps

Through the IPO, JSW Infrastructure raised Rs 2,800 crore in fresh capital, which it plans to use for paring its debt

"There are some managements (within these sectors) we are focusing on, which we believe can deliver," he said

The first quarter of fiscal-year 2023-24 saw 25 new fund offerings (NFO). Cumulatively they were able to garner INR 5,539 crores during their NFO period.

Gross inflows into active equity mutual fund (MF) schemes dipped 34 per cent month-on-month (MoM) to Rs 25,400 crore in April

InCred Alternative Investments on Friday launched its first equity long-short open-ended fund with a targeted asset under management of Rs 1,000 crore. The liquid alternative investment fund aims to follow a multi-strategy quant approach to help generate superior risk-adjusted returns and risk metrics compared to debt-plus funds and indices over the medium to long term, the company said in a statement. The fund seeks to generate alpha returns independent of market volatility and intends to deploy a spectrum of long-short strategies across futures, options and special situations for appropriate diversification, Bhupinder Singh, founder and Group Chief Executive Officer of InCred, said. Rishi Kohli, Managing Partner & Chief Investment Officer - Hedge Fund Strategies, InCred Alternative Investments, said this is their first long-short fund based on a quantitative model-driven approach with a blend of futures long-short, relative value and index strategies across various time ...