Skip to main content

Mutual Fund Snapshot – September 2020

The mutual fund industry witnessed net outflows of ~INR 14,553 crore in August 2020 as against net inflows of ~ INR 89,812 crore in July 2020.

·        In August 2020, net outflows of ~ INR 4028 crore compared to net outflows of ~ INR 3845 crore in the previous month were seen in the equity category.

·        In August 2020, AUMs of debt, equity and hybrid category accounted for 50.5 percent, 29.0 percent and 11.0 percent of the total AUMs, respectively, and 9.5 percent of the balance was contributed by solution-oriented and other schemes.

·        The AUM of the MF industry increased by 1.4 percent on a MoM basis, and was reported at INR 27.49 Lakh Crore for August 2020 as compared to INR 27.11 lakh Crore in July 2020.

·        Total AUM in Equity category witnessed a rise of 4.3 percent on a MoMv basis, grew to INR 7.98 lakh crore in August, compared to INR 7.65 lakh crore in the previous month on the back of stellar stock market returns.  

·        Within equities, inflows were recorded in categories viz. ELSS, Focusedv Funds & Thematic Funds, of ~INR 29 crore, ~INR 5 crore and ~INR 370 crore, rest all equity categories witnessed net outflows where large cap funds were the worst hit by net outflow of ~INR 1553 crore.  

·        Net outflows of INR 8,943 crore were witnessed in Income/Debtv Oriented Schemes for the month of August, relative to net inflows of INR 86,635 crore in the previous month.  

·        Liquid funds saw outflows of INR 15, 814 crore as compared to inflows ofv INR 14,055 crore in the previous month, may be owing to withdrawal by investors with low-risk appetite.  

·        Corporate bond Funds saw inflows of INR 1,955 crore in August 2020 asv the traction of investors increase towards quality debt funds with AAA rated portfolios, which is however much lower than inflows of ~INR 11,910 crore in Corporate Bond Funds in the previous month.  

·        SIP inflows in August stood at INR 7,792 crore as against INR 7,831 crorev recorded in July 2020.

 

Know more http://www.karvywealth.com/data/sites/1/skins/karvywealth/Download_media_report.aspx?FileName=1C7D832E-8D6D-4712-B67D-8CE92C5AD759|5295585

Disclaimer

 The information and views presented here are prepared by Karvy Private Wealth (a division of Karvy Stock Broking Limited) or other Karvy Group companies. The information contained herein is based upon sources that we consider reliable. We, however, do not vouch for the accuracy or the completeness thereof. This material is for personal information and we are not responsible for any loss incurred based upon it. Karvy Private Wealth is only a distributor of securities and financial market products.

 

 

Labels:

Comments

Post a Comment

Popular posts from this blog

MUTUAL FUND SNAPSHOT - OCTOBER 2020

  ·      The mutual fund industry witnessed net outflows to the tune of ~52,091 cr in September 2020 as against net outflows of ~INR 14,553 cr in August 2020. The equity category witnessed net outflow of Rs ~1009 cr in September 2020 as against net outflow of Rs ~ INR 4028 cr in the previous month. ·          AUMs of debt, equity and hybrid schemes in August 2020 accounted for 49.9%, 29.5% and 11.0% respectively of the overall AUMs; the balance ~9.6% was contributed by solution oriented and other schemes. ·          AUM of the mutual fund industry declined by 2.3% MoM (INR63,407 Cr) to INR26.86 Lakh Cr in Sept 2020. On QoQ basis, the total AUM of Mutual Fund increased by 5.4% and 9.6% YoY.   ·          Domestic mutual funds were net equity sellers in last 4 months. Mutual Funds v were net equity sellers to an amount of INR 904.69 Cr...
Post a Comment
Read more

The World This Week – 7th – 15th Nov 2020.

Indian Equity Summary- ·          Optimism had rubbed its positive impact on the domestic market over the initial performance of Pfizer's Covid vaccine and the outcome of the US presidential election. Nifty and Sensex ended on a WoW basis in green and increased by ~4 percent. The government announced a series of stimulus initiatives, including credit support for stressed sectors, employment creation incentives and multiple measures for construction and housing, as boosters for the Covid hit economy under Aatmanirbhar Bharat 3.0, which boosted the market sentiment. ·          Going forward, with the uncertainty due to US elections moving out of the way volatility will reduce substantially leading to money moving towards the riskier assets; domestic factors like ongoing Q2 corporate earnings season, and FII/DII inflows and USD/INR rates ; will continue to dictate the trend of the domestic equity market. We...
Post a Comment
Read more

Punjab investors prefer to invest in equity: Karvy wealth

Individual investors in Punjab have placed their trust in equity the most, Karvy Private Wealth said on Wednesday. "Individual investors in Punjab have opted for a higher allocation to equity products in their mutual fund portfolio at 68.11 percent, as compared to the national average of 64 percent," the wealth management arm of Karvy Group said in a statement while quoting its India wealth report 2019. Chandigarh, Ludhiana, Amritsar and Jalandhar have all recorded a higher equity share in total assets under management than the national average, the statement said. "Keeping in mind the volatility in the markets, term deposits continue to remain a safe bet for investors. The overall growth rate in deposits is close to the national growth rate. Amongst the cities in Punjab, Chandigarh recorded the highest year on year growth at 12.12 percent, followed by Amritsar at 11.39 percent," it further said. Karvy Private Wealth CEO Abhijit Bhave said direct equ...
Post a Comment
Read more