Equity mutual funds attracted Rs 29,911 crore in November, marking a 21 per cent increase from the preceding month, according to data released by industry body Amfi on Thursday. This rise in inflows comes after three consecutive months of decline, signalling an improvement in investor sentiment. The positive momentum in equity flows also boosted the broader industry's asset base with total assets under management (AUM) rising to Rs 80.80 lakh crore, up from Rs 79.87 lakh crore in October. Retail participation through Systematic Investment Plans (SIPs) showed a slight softening. SIP inflows edged down to Rs 29,445 crore, compared with Rs 29,631 crore in the previous month. According to the data, net flows in equity mutual funds rose to Rs 29,911 crore in November, up from Rs 24,690 crore in October. The net inflow in equities stood at Rs 30,421 crore in September and Rs 33,430 crore in August. Most sub-categories saw positive traction, except for dividend yield and ELSS funds dur
Multi-asset funds: Investing in a diversified portfolio of asset classes with low to negative correlation helps reduce downside risk
Systematic investment plan inflows hit a new high in May, but rising redemptions and cautious investor sentiment pushed net equity MF inflows to a 13-month low
What's particularly encouraging is the rise in hybrid categories-especially arbitrage, BAFs, and multi-asset funds, experts said.
Discretionary segments, he believes, may rebound as interest rates fall, rural incomes improve, and the government steps in with measures such as tax cuts and the Eighth Pay Commission
The average retail investor who was rewarded handsomely given the surge in the markets in the last few years, Kotak Institutional Equities believes, have turned more cautious now.
Despite bouts of volatility, investors stayed invested, demonstrating a long-term commitment to their financial goals, AMFI said in the report.
Private banks, non-banking financial companies (NBFCs), healthcare, telecom, and metals were preferred sectors by mutual funds
The decline in net inflows is largely due to a sharp dip in gross inflows from Rs 66,630 crore in January to Rs 54,429 crore in February
The fund utilises a bottom-up investment strategy, with the portfolio positioned as Anti-Fragile, designed to withstand and potentially benefit from market volatility and disruption
Value, Contra & Dividend Yield Funds was the best performing category where 96% of the schemes outperformed the benchmark
Surge in SIP flows, strong NFO collections drive August collection to the second highest in a month
Investors continued to prefer Passives for their Large Cap allocations with the category receiving greater than 95% of all net inflows in passive segment.
Investment in equity mutual funds surged over five-fold to Rs 94,151 crore in the June 2024 quarter against Rs 18,358 crore a year ago, driven by a strong economic environment, supportive government fiscal policies, investors confidence and robust stock return. This has also pushed the industry's assets under management (AUM) by 59 per cent to Rs 27.68 lakh crore in June from Rs 17.43 lakh crore a year ago, data from the Association of Mutual Funds in India (AMFI) showed. The robust gain in the asset base was also replicated in the growth of investors in equity mutual funds, with the number of folios closing at 13.3 crore, adding an investor base of over 3 crore. The significant gain in equity folios indicates broader participation across investor segments, driven by improved financial literacy and accessible investment platforms, Trivesh D, COO of stock trading platform Tradejini, told PTI. According to the AMFI data, equity-oriented mutual fund schemes invested Rs 94,151 crore in
An SIP investment, started in October 1996, of Rs 10,000 on a monthly basis in HDFC Top 100 Fund would have grown to Rs 8.30 crore by May 31, 2024.
Fund houses are becoming assertive in general and the trend could be helping corporate governance
Mutual funds (MFs) showed strong confidence in Indian equities this year, injecting around Rs 1.3 lakh crore, driven mainly by significant retail investor interest and the robust performance of the stock market. Mutual funds, which manage long-term wealth for domestic investors, prioritise the Indian market's underlying growth potential and are less rattled by short-term events like elections, which allows them to keep investing in equities, Tradejini COO Trivesh D said. Additionally, the growing interest in systematic investment plans (SIPs) on the back of astonishing compounding stories by influencers and industry veterans has perked investors, who otherwise wish to stay away from the markets, to start participating through these mutual funds, he added. According to the data from the Securities and Exchange Board of India (Sebi), MFs invested Rs 26,038 crore in the first fortnight of the ongoing month and Rs 20,155 crore in April. Moreover, the highest MF buying for 2024 was ...
Per capita investment is less than Rs 10,000 in eight of them
In Nov'23, MFs showed an interest in Healthcare, Real Estate, Technology, Utilities, Retail, and Metals, leading to a MoM rise in their weights.
Key additions were Hindustan Unilever, Nestle India, Adani Power, Zomato and Tata Consumer Products. Key reductions were ITC, Bharti Airtel, State Bank of India, Maruti Suzuki and Axis Bank