Aggressive buying indicates strong flows into equity funds in December
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India. The results of the general elections will also be keenly watched'
New account addition slows to 3-year low despite debt tax change boost
Citing the recent state election results, the note stated that the risks from the general election are low
The total number of investors now stands at 84.9 million with a year-on-year rise of 22.4 per cent
Active largecap funds post improved performance in 2023, mid and smallcaps stumble
Monthly SIP investments have been going up consistently, rising from Rs 8,023 crore in January 2021 to Rs 17,073 crore in November 2023
In an email interaction with Abhishek Kumar, Upadhyaya says domestic-facing sectors like automotive, cement, and construction are a better bet right now as global uncertainties prevail
Measured against 2018 baseline, mcap of largest smallcap stock has surged 2.5x
Foreign portfolio investors are likely to slow down their purchases. Foreign investors were heavy sellers in the last two sessions of the week, although they were net buyers worth Rs 44,740 cr in Dec
According to the fund house, over 150,000 investors subscribed to the NFO, putting in an average of Rs 85,000
Timely calls on duration help fund managers make the most of interest rate volatility
According to the index provider, seven new passive funds tracking Nifty indices were launched in Japan and Korea in 2023
With the new additions in 2023, the number of Nifty index-linked global passive funds has gone up to 21
Hybrid MF offering rakes in close to Rs 6,000 crore in FY 2024 so far
The last time ETFs trailed the mutual fund industry was in 2013, when the ETF AUM had declined 11 per cent despite the industry's assets growing 9 per cent
MFs emerged as a key support for the market in the calendar year 2022 amid a sharp pullout by foreign investors
The equity market witnessed a sharp rally last month. The benchmark Nifty50 rose by 5.5 per cent, the most since July 2022
So far this calendar, domestic funds subscribe for shares worth Rs 5,577 cr in anchor category, while FPIs Rs 5,417 cr
P/E multiple expansion in smallcaps and midcaps sharper than largecaps