Mutual Funds Assets

Charting course to calm: With record equity inflows of Rs 2.8 trillion in FY25, they provide the ballast that steadies the ship amid choppy FPI exits

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

Nilesh Shah shares his insights on these developments, explores whether the initial low voter turnout is causing concern in the markets, and delves into investment strategies against this backdrop

This change in behaviour can be attributed to some fund houses capitalising on profit opportunities by selling bonds, while others are actively trimming the duration of their portfolios

today. These index funds are meticulously designed to provide investors with exposure to key sectors having growth potential in the current economic landscape.

The S&P Indices Versus Active Funds (SPIVA®) India Scorecard for 2023 reveals that a significant portion of actively managed funds underperformed their benchmarks across various categories.

These awards are determined by a combination of risk-adjusted medium- to long-term performance track records and Morningstar's forward-looking rating for funds.

While there has been a steady increase in the number of fund managers as compared with the 428 seen last year, the number of women fund managers has been static.

Equity AUM for domestic MFs (including ELSS and index funds) decreased 1.4% MoM to Rs 20.7 trillion Oct'23, led by a fall in market indices (Nifty down 2.8% MoM).

On the passive side, equity claimed the lion's share with around 78% of net inflows, while commodities held an 18% share.

The Fund seeks to generate long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments across large cap, mid cap and small cap stocks.

Stocks that witnessed the maximum decline in MoM value were SBI, ICICI Bank, HDFC Bank, Reliance Industries, ITC, Cummins India, TCS, Kotak Mahindra Bank, Bajaj Finance, and Ashok Leyland.

The first quarter of fiscal-year 2023-24 saw 25 new fund offerings (NFO). Cumulatively they were able to garner INR 5,539 crores during their NFO period.

The test is conducted to evaluate the effect of various risk factors such as rate risk, credit risk, liquidity risk, and redemption risk

The aim of doubling the asset under management to Rs 80 lakh crore can be met earlier than the targeted year of 2027, if the mutual fund sector is allowed to manage pension, provident and insurance funds, an industry body official said on Saturday. The Association of Mutual Funds in India also anticipated that AMC Repo Clearing Ltd (ARCL) will become operational from January 2023, which will provide a fillip to the wholesale corporate debt market. "We want the government to allow the mutual fund industry to manage funds of pension, provident and insurance firms. This will help the MF industry ensure greater efficiency in managing the resources in a cost-effective manner. The industry can achieve the target of doubling the asset under management to Rs 80 lakh crore much earlier than the targeted year of 2027," AMFI chief executive N S Venkatesh said at a programme organised by the Indian Chamber of Commerce. The current asset under management (AUM) of mutual fund industry is Rs 40 la

Driven by inflows into Systematic Investment Plans (SIPs), the mutual fund industry's total assets under management rose to Rs 39.88 lakh crore in September from Rs 36.73 lakh crore in the year-ago period. On a monthly basis, the Assets Under Management (AUM) increased marginally from Rs 39.33 lakh crore in August. According to the latest monthly data from the Association of Mutual Funds in India (Amfi) released on Monday, the industry wide net AUM stood at Rs 38.42 lakh crore in September. Amfi said the month also saw the highest-ever folio addition to 13.81 crore. The retail folios also touched an all-time high to 10.99 crore. The contribution of SIPs rose to Rs 12.97 lakh crore in September, which is the highest ever, from Rs 12.69 lakh crore, Amfi said, adding the number of SIP accounts also increased to 5.84 crore. SIP AUM stood at Rs 6.35 lakh crore with a month-on-month inflow of Rs 4,501 crore taking the total SIP AUM to Rs 6.39 lakh crore for September. Retail AUMs (equi

Bonuses for FY21 may be 20-30% of annual pay; yearly increment can be in high single digits

AAUM of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter

Fund managers say stocks in the sector are available at beaten-down valuations, and large-sized banks will play critical role as credit off-take will be key to economic recovery

Morningstar says fund governance strong positive, bundled fee structure can be reviewed