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Thus far in FY23, MFs have pumped in a net Rs 1.53 trillion in equities till March 1, 2023, Securities and Exchange Board of India (Sebi) data show, as compared to Rs 1.72 trillion in FY22
Investors placed most bets on mid-cap and small-cap funds; liquid ones saw most outflows
Redemptions rise 60% month-on-month to Rs 26,030 crore in November, the highest since September 2021
The net inflow in equity mutual funds plunged 76 per cent to Rs 2,258 crore in November over the preceding month amid a sharp up move in the stock market that made investors wary of higher valuation. This also marks the 21st straight month of inflows into equity schemes. Overall, the mutual fund industry registered net inflows of Rs 13,263 crore in November, slightly lower from Rs 14,045 crore seen in the previous month, data released by the Association of Mutual Funds in India (Amfi) showed on Friday. Apart from equity, debt-oriented mutual fund schemes witnessed a net infusion of Rs 3,668 crore during the period under review after withdrawing Rs 2,818 crore in the preceding month. Other schemes -- index funds, gold exchange-traded funds (ETFs), other ETFs and Fund of funds investing overseas -- saw an inflow of Rs 10,394 crore. This was mainly driven by index funds, which contributed Rs 8,602 crore alone. However, gold ETFs witnessed a net withdrawal of Rs 195 crore. As per the
Coal India, HCL Tech and L&T were among the most-sold stocks by domestic funds in October even as they rallied between 10% and 16%
Related entities acting as distributors account for a higher share of assets in such fund houses
After declining for 2 consecutive months, equity assets under management of domestic mutual funds rose 10.3% month-on-month to Rs 15.2 lakh crore in July as market rebounded after 3 months of decline.
The net inflows in July were lower compared to the net inflow of Rs 15,495 crore seen in June, Rs 18,529 crore seen in May and Rs 15,890 crore in April, according to data released by Amfi on Monday
India seeks to restrict Chinese smartphone makers from selling devices cheaper than Rs 12,000 ($150) to kickstart its faltering domestic industry, dealing a blow to brands including Xiaomi Corp.
The figure is 18% below monthly average for the year; However, sustained inflows into SIPs endured for 16th straight month
Large-cap funds' AUM falls to Rs 2.19 trn, that of flexi-cap funds to Rs 2 trn, shows Amfi data
Geopolitical tension due to Russia- Ukraine war, concerns over surging crude prices and uptick in domestic inflation have weighed on market performance in recent months
On an average, small-cap funds have generated annualised returns of 67.5 per cent in the last two years
This comes following a net outflow of Rs 25,966 crore during 2020-21, data with Association of Mutual Funds in India (Amfi) showed
Record net inflows of Rs 28,463 crore in March
Get a fix on your budget first; Then check the investment avenues that will help you cope with inflation and currency fluctuations between now and the day you eventually fly out
Accounts for debt schemes have slipped 10 per cent, shows Amfi report
Don't bet excessively on gold based on its recent rally as an early end to the Russia-Ukraine war could bring it to a halt
Equity mutual funds attracted a net sum of Rs 19,705 crore in February, making it the 12th consecutive monthly net inflow, amid highly volatile stock market environment and continued FPIs selling.
The tally was lower than Rs 25,706 cr garnered in December 2021, but is still a respectable number considering there were no large NFOs in January, unlike the previous month