Those in the sector say equity inflow has been holding up despite market volatility
Equity and equity-linked saving schemes saw an inflow of Rs 124.09 billion during the period under review
In terms of returns to investors, most of the equity focused mutual funds have underperformed their respective benchmark S&P BSE indices, for the one year ended December last year, says a report. The findings are a part of S&P Dow Jones Indices' scorecard SPIVA, which tracks the performance of actively managed Indian mutual funds against their benchmarks over one-year, three-year, five-year and 10-year periods. For the one-year ended December 29, about 59.4 per cent of large-cap equity funds and 72.1 per cent of mid and small-cap funds underperformed their respective indices. The SPIVA scorecard also revealed that 34 per cent of the composite bond funds underperformed S&P BSE India bond index over one year. Meanwhile, 53 per cent of the equity large-cap funds underperformed the S&P BSE 100 benchmark index over the three-year period, while 80 per cent of mid/small-cap funds underperformed S&P BSE MidCap index. "As of December-end 2007, there were 127 ...
Domestic investors poured Rs 1.5 trillion ($23 billion) into these funds between April and January
The stocks that gained the most among top picks include TCS and L&T
In the past one year, average return of FMCG category was 41%, at a time key benchmarks returned 25% to investors
overall assets under management (AUM) rose 32% since November 2016, the equity AUM grew by 46% after the note ban
Strong inflows pushed the asset base of equity MFs by over 21% to Rs 6.59 lakh crore at the end of September from Rs 5.43 lakh crore in March-end
High inflow tally raised many eyebrows, market players requested industry body Amfi to reconfirm the data
India's equity fund managers, amid gush of robust inflows from domestic investors, have been shuffling some of their top picks in their portfolios during the first half of this year. With stock indices on their way to historic highs, fund managers positioned themselves to make the most of the rise in markets.Stocks of Reliance Industries and Axis Bank, which were among the top ten most owned stocks by equity fund managers at the beginning of 2017, could not find place in top 10 list. These were replaced by Kotak Mahindra Bank and HDFC Ltd.Further, fund managers continued to stick with most of their top ten stock picks, but there was a change in the pecking order of ownership.For instance, fund managers started 2017 with HDFC Bank, ICICI Bank, Infosys, State Bank of India (SBI) and Larsen & Toubro (L&T) as their top five most owned stocks. However, by mid of 2017 in June, they changed the pecking order with Infosys being relegated to fifth slot from third while SBI and L&T .
This was highest net inflow since June 2015, when equity MFs racked up an inflow of Rs 12,273 cr
Indian equity markets have seen unprecedented literacy and continuous inflows: Motilal Oswal
When equities are making money, it is a tough call to book profits
Tax-saving equity-linked savings schemes saw month-on-month rise in inflows at Rs 1,166 crore
According to the Association of Mutual Funds in India, about 60% of all equity assets stay invested for less than two years
Net inflows, after factoring in the redemptions, touch 12-month high of Rs 6,500 cr
After long hiatus, fund managers pumped money into SBI, PNB and Union Bank last month
Equity schemes see highest-ever net inflows of Rs 74,000 cr last fiscal despite 10% fall in market
Market rebounds after earlier seesaw but fund managers think pain will remain for a quarter or two