The latest inflows have been mainly driven by contribution from liquid, income and equity funds
The sustained money flowing into the mutual fund (MF) sector in the past two years by way of systematic investment plans (SIPs) has propelled the assets of several equity schemes into the Rs 10,000-crore club. While just three schemes were part of this club two years ago, as many as 10 schemes today manage assets of over Rs 10,000 crore. To put this in better perspective, even at the peak of the bull run in late 2007 there were four schemes with assets of over Rs 5,000 crore, with the largest equity scheme handling just about Rs 6,400 crore. "Investors are choosing the MF route to enter the markets, and most of this money has flown into the large-sized schemes, which are perceived as safe bets by investors," said Manoj Nagpal, CEO, Outlook Asia Capital. Over the past 30 months, the SIP trend has surged and there are now over 10 million of these accounts. The average investment size of an SIP is about Rs 3,500.Some of the schemes have grown so large there is talk among market ...
Robust inflows from domestic investors through systematic investment plans are a big boon
DSP Micro has been one of the best-performing schemes over a period of two, three, and five years
Power Grid was the only major stock where they timed their selling well in January
Mutual fund (MFs) turned net-sellers of equities after six months, while buying by overseas investors climbed to a six-month high in February. MFs have been net-sellers to the tune of Rs 78 crore (data for two sessions awaited), while foreign institutional investors (FIIs) have pumped in close to Rs 10,000 crore into the markets in February. Benchmark indices rallied four per cent in February, extending their gains from demonetisation lows in December 2016 to 12 per cent.Equity MF managers have changed their stance to cautious as valuations have turned lofty, while FIIs have stepped up buying amid weakening of the US dollar against global currencies. Since October 2016, MFs have invested Rs 43,875 crore, at a monthly average of Rs 7,312 crore. FIIs, on the other hand, have pulled out Rs 12,150 crore at an average of Rs 2,024 crore during the same period. Following a sharp 12 per cent rally since December 26, 2016, the benchmark Sensex is now trading at 19 times its one year forward ...
Equity fund managers, who manage assets worth Rs 5 lakh crore, have turned net sellers of stocks this month. The previous monthly outflow by mutual funds (MFs) was in July 2016.The selling, albeit marginal, comes after benchmark indices rallied four per cent since the start of the month and 12 per cent since the December 2016 low. Their cautious stand is reflecting in this month's investment pattern, with equity fund managers pulling out a net Rs 78 crore till last Thursday. A chief investment officer, managing a little over Rs 20,000 crore of equity assets, told this newspaper on condition of anonymity that "these are precarious levels -- not in the interest of investors, given the poor earning growth fundamentals".Adding: "It's all liquidity which is taking the markets higher. There are near-term uncertainties like state election results and revival in corporate earnings. We are taking a defensive stand in the portfolio and for investors, it would not be a bad idea to book partial ..
In comparison, fund managers had allocated Rs 78,644 cr for bank shares in the year-ago period
Understanding information in this document correctly can make you proficient mutual fund investor
While equity MFs get SIP inflow of Rs 4k cr a month, only a tiny part of this is invested in ELSS
Flow surge in equity schemes is an important reason why Indian stock market did not crash
As of Jan 31, 2017, the industry's AUM stood at Rs 17.37 lakh cr
Equity fund managers say large-caps offer higher relative safety, especially in such times
Further, equity and equity-linked saving schemes saw an infusion of Rs 4,880 crore
Fund managers pumped in over Rs 31,000 cr in debt market last month
May pip equity yet again in 2017; managers recommend funds focused on short-term bonds
Equity mutual funds have delivered attractive returns in the past one month
Generally, fund managers step up their buying whenever equity markets undergo a sharp correction
Last year, close to 106 draft papers were filed with the capital market watchdog
With interest rates falling, both corporate and retail money might flow into debt funds